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Monitoring of financial instability of national economy in comditions of economic and political transformation

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  • Valentyn Talakh
  • Tetyana Talakh

Abstract

Diagnosis of financial instability is an important element of crisis management, a significant factor in its effectiveness. The process of diagnosis is impossible without defining a system of criteria that can adequately reflect the specificity of a particular object, taking into account the most significant factors affecting it at one time or another. The publication summarizes the experience in the world and Ukraine on methodological approaches to the diagnosis of financial instability of the national economy as a whole, and identifying indicators of financial crises as an integral component of the emergence and development of modern economic crises, in particular. The current state, tendencies of formation and peculiarities of their application for detection and prevention of crisis processes in Ukraine are outlined. Particular attention is paid to the comparative analysis of methods of assessing the instability of the economy and the possibilities of their use in forming a methodological approach for the diagnosis of crisis of the national economy. It is on the basis of such data that the economic, political and social concepts of governance, their strategy and tactics can be adjusted

Suggested Citation

  • Valentyn Talakh & Tetyana Talakh, 2019. "Monitoring of financial instability of national economy in comditions of economic and political transformation," E-Forum Working Papers, Economic Forum, vol. 9(4), pages 54-59, November.
  • Handle: RePEc:cuc:eforum:v:9:y:2019:i:4:p:54-59
    DOI: https://doi.org/10.36910/6765-2308-8559-2019-4-9
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