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Ways of improving the Ukrainian government securities market

Author

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  • Kateryna Andriushchenko
  • Oleksii Tseluiko

Abstract

It is noted that in each of the countries of the world community, specific forms of economic life organization have developed, in which both the general laws of the corresponding type of economy (planned, market, transitional, etc.) and the specifics of their specific historical implementation have manifested. The fundamental unity in the development of the economy of one type or another is based on its characteristic forms of ownership at the cost of production, the role of the state in the management of production and distribution, on the corresponding systems of social and economic values and orientation. Existing differences in specific forms and methods of management are related to the specifics of the economic development of countries, the ratio of extensive and intensive growth factors, the complexity and dynamism of the economy, the training of personnel, the established traditions of management, the degree of inclusion in the international division of labor, etc. The signs of the empirical description of economic systems are highlighted: - the system of property relations (the degree of its acquisition, forms of public ownership, the method of combining the worker with the means of production, the role and maintenance of private property, 12 «Підприємництво та управління розвитком соціально-економічних систем» № 1 / 2023 etc.); - the hierarchical structure of the economy (the role and place of the state in managing the economy, the nature of relationships between levels of management, organizational forms of management, etc.); - forms of economic and state regulation of the economic process, the level of ensuring its self-regulation, the degree of economic independence of the main production link. The proposed empirical method of comparative analysis has two sides: substantive and procedural. In terms of content, the main methodological task is to highlight the multifaceted activities that are typical for a given historically specific economic system (this is primarily institutional forms of activity, basic economic legal and economic standards and norms, stereotypes of economic behavior). The comparative analysis procedure consists in grouping and summarizing the main empirical data reflecting the content of the compared economic systems. At the heart of this procedure is the typology of economic systems, the meaning of which is to distinguish groups of the same type and distinguish on this basis two types of comparative analysis: inter-type and intra-type (that is, comparing objects of different or the same type, respectively)

Suggested Citation

  • Kateryna Andriushchenko & Oleksii Tseluiko, 2023. "Ways of improving the Ukrainian government securities market," Management and Business Articles, Management and Business, vol. 1(1), pages 11-21, May.
  • Handle: RePEc:bdw:emsesd:v:1:y:2023:i:1:p:11-21
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