Powered by OpenAIRE graph
Found an issue? Give us feedback
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ Scientific bulletin ...arrow_drop_down
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
addClaim

This Research product is the result of merged Research products in OpenAIRE.

You have already added 0 works in your ORCID record related to the merged Research product.

Status and prospective trends of mechanisms of state financial support for economic development of Ukraine

Status and prospective trends of mechanisms of state financial support for economic development of Ukraine

Abstract

The article emphasizes that understanding the cause-and-effect relationships underlying the dynamics of financial relations to ensure coordinated action of financial mechanisms on the state and prospects of socio-economic phenomena, is one of the important tasks that need to be solved at specific stages of development. The actualization of such a solution is especially important in conditions of increasing instability or the urgent solution of emerging problems, which are characteristic of Ukraine today. It is determined that the rational organization of providing financial support for economic development, along with the essential and meaningful justification of the movement of financial relations, includes their coordination and focus on specific features and challenges in a certain period of time. It is noted that globalization, financialization, digitalization are among the factors that significantly affect the financial and digital space and modify the directions and mechanisms of support for economic development. At the same time, attention is drawn to the insufficient connection of such modifications with the problems of external financial dependence. This is especially true for deglobalization processes, which are accompanied by restrictions on international cooperation, protectionism and the growth of regulatory barriers. Therefore, the strategy of state financial policy in the face of rapid global challenges, while focusing on macroeconomic stability, should be inseparable from effective state support in the direction of strengthening development on its own financial basis. This involves the integration of innovative instruments such as crowdfunding, green bonds, etc. into the national financial system, increasing participation in global initiatives, raising the level of harmonization with international standards and popularizing Ukraine's investment opportunities. Their implementation will help reduce the vulnerability of the national economy to external shocks, and its financial system to external dependence.

У статті наголошено, що раціональна організація забезпечення фінансової підтримки економічного розвитку поряд із сутнісним і змістовним обґрунтуванням руху фінансових відносин включає їх узгодженість та націленість на конкретні ознаки й виклики в певний період часу. Глобалізація, фінансиналізація, цифровізація належать до тих чинників, які суттєво впливають на фінансово-цифровий простір та модифікують напрями і механізми підтримки економічного розвитку. Одночасно звертається увага на недостатній зв'язок таких модифікацій із проблемами зовнішньої фінансової залежності та можливостями зміцнення власної фінансової бази. Особливо це стосується деглобалізаційних процесів, які супроводжуються обмеженням міжнародного співробітництва, протекціонізмом та зростанням регуляторних бар’єрів.

Keywords

економічний розвиток; фінансові відносини; власна фінансова база; глобалізація; фінансиналізація; цифровізація; деглобалізація; механізми підтримки, economic development; financial relations; own financial base; globalization; financialization; digitalization; deglobalization; support mechanisms

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold