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Financial Instruments to Ensure Sustainable Development in the Post-Shock Period of the National Economy Recovery

Author

Listed:
  • Dubyna Maksym

    (1 D. Sc. Prof., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine)

  • Parubets Olena

    (2 D. Sc. Prof., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine)

  • Zelenska Olena

    (3 PhD., Assoc. Prof., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine)

  • Yevtushenko Yurii

    (4 PhD., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine)

  • Muzyka Vladyslav

    (5 PhD Student, Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine)

  • Serdiuk Denys

    (6 PhD Student, Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine)

Abstract

Within the article, theoretical and applied provisions of the application of financial instruments for sustainable development of the countries in the post-shock period of their recovery are researched. The authors used a range of general scientific methods of scientific research, namely: abstraction, induction and deduction, analysis and synthesis, generalization and content analysis. Special attention is paid to the issue of combining the possibility of financing the projects that are designed to ensure the implementation of the concept of sustainable development, and the need to rebuild the national economy in the conditions of a significant shortage of available financial resources. In the work, the essence of financial instruments, their types and features of use are examined in detail. Considerable attention is also paid to the description of the content and the basic provisions of the sustainable development concept; specific features of this concept use in the conditions of unpredictable external shocks that countries may face in the process of their development are analyzed. To deepen the applied provisions, the example of Ukraine and the experience of this country in ensuring sustainable development of economy are considered. The peculiarities of the implementation of the model of sustainable development in the conditions of stochasticity of the external environment are also substantiate; and the main areas of the application of financial instruments to support such development are specified.

Suggested Citation

  • Dubyna Maksym & Parubets Olena & Zelenska Olena & Yevtushenko Yurii & Muzyka Vladyslav & Serdiuk Denys, 2023. "Financial Instruments to Ensure Sustainable Development in the Post-Shock Period of the National Economy Recovery," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 45(4), pages 390-398, December.
    • Handle: RePEc:vrs:mtrbid:v:45:y:2023:i:4:p:390-398:n:14
    DOI: 10.15544/mts.2023.38
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    More about this item

    Keywords

    financial instrument; sustainable development; rational use of nature; financial institution; national economy; economic growth;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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