IDEAS home Printed from https://ideas.repec.org/a/aff/colart/y2022i52p176-181.html
   My bibliography  Save this article

Strategic priorities for the development of the financial system of Ukraine in the conditions of globalization

Author

Listed:
  • Alla Chornovol

    (Chernivtsi Instistute of Trade and Economics of KNUTE)

Abstract

Relevance of the research topic. In the context of globalization, one of the key priorities of financial policy in the world and in Ukraine is to reduce the negative impact of exogenous and endogenous factors on economic growth, creating conditions for the development of the financial system. Formulation of the problem. In the absence of strategic coordination of public administration bodies in the financial sphere, the risks of reducing its effectiveness may increase significantly. Analysis of recent research and publications. Problems of development of the financial system in the context of globalization are revealed in many scientific studies of foreign scholars: J. Keynes, R. Musgrave, P. Samuelson, J. Stiglitz. Among domestic scientists should be noted such as: A. Epifanov, Y. Pasichnyk, I. Salo, V. Fedosov and others. Selection of unexplored parts of the general problem. Significant levels of uncertainty and variability of socio-economic problems require the restoration of control and the establishment of strategic orientation of the financial system. Problem setting, research goals. The objectives of the study are: to determine the features of the financial system of Ukraine in modern conditions; to analyze and evaluate its indicators. The purpose of the study is to substantiate the priorities of Ukraine's financial system in the context of globalization. Method or methodology of the study. To achieve this goal, a set of general scientific and special methods was used: system-structural analysis; calculation and analytical method; formal-logical analysis; method of scientific abstraction. Presentation of the main material (results of work). The peculiarities of the functioning of the domestic financial system are determined, the indicators are assessed and the priorities of its development are substantiated. Field of application of results. The results of the study can be used in the process of reforming the financial system and its components. Conclusions according to the article. At this stage, an important task is to develop new scientifically sound approaches to the development of the financial system through the introduction of systematic monitoring of macroeconomic imbalances, which will improve the quality of macroeconomic and fiscal risks, create a single information base for sound management decisions in finance.

Suggested Citation

  • Alla Chornovol, 2022. "Strategic priorities for the development of the financial system of Ukraine in the conditions of globalization," University Economic Bulletin, Hryhorii Skovoroda University in Pereiaslav, Faculty of Financial, Economic and Vocational Education, issue 52, pages 176-181, May.
  • Handle: RePEc:aff:colart:y:2022:i:52:p:176-181
    DOI: https://doi.org/10.31470/2306-546X-2022-52-176-181
    as

    Download full text from publisher

    File URL: https://economic-bulletin.com/index.php/journal/article/view/866/865
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.31470/2306-546X-2022-52-176-181?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aff:colart:y:2022:i:52:p:176-181. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Svitlana Kucherenko (email available below). General contact details of provider: https://edirc.repec.org/data/ffphdua.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.