Articles by : Shpenyuk Ol?ha № 4/2011
Economy under the conditions of modern transformations
SHPENYUK Ol?ha 1
1Institute for Economics and Forecasting, NAS of Ukraine
Instability of the exchange rates under the conditions of globalization
| Ekon. prognozuvannâ 2011; 4:64-75 | |
ABSTRACT ▼
The article considers the main factors of exchange rate formation under the conditions of globalization, reveals the role of the exchange rate in the formation of the world disbalances, assesses the key challenges and risks for the monetary sphere of Ukraine’s economy during the recent six month and outlines the short-term perspectives of the functioning of Ukraine’s exchange market.
Keywords:exchange rate, exchange market, exchange policy, balance of payments, instability, globalization processes
| Article in Ukrainian (pp. 64 - 75) | Download | Downloads :305 |
REFERENCES ▼
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№ 1/2013
Economy under the conditions of modern transformations
SHPENYUK Ol?ha 1
1Institute for Economics and Forecasting, NAS of Ukraine
Managing public debt under the increasing external risks
| Ekon. prognozuvannâ 2013; 1:41-53 | |
ABSTRACT ▼
The purpose of the article is to define the main directions of public debt management under conditions of the increase of external risks. The article considers the international tendencies of external debt accumulation and generalizes the main causes and factors of external debt expansion in Ukraine. The main research methods are: scientific abstraction, analysis and synthesis, the method of statistical comparisons. Based on the research, the author proposes a few development guidelines of the national capital market aimed at increasing its liquidity and diversification. Taken the international experience into account, the author emphasizes the necessity of developing and implementing new tools of domestic borrowing.
Keywords:gross external debt, domestic debt, debt policy, bonds, savings bonds, bonds with floating rate, indexed bonds
| Article in Ukrainian (pp. 41 - 53) | Download | Downloads :593 |
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№ 1/2014
International economicsSHPENYUK Ol?ha 1
1Institute for Economics and Forecasting, NAS of Ukraine
The impact of financial globalization on the development of a national economy
| Ekon. prognozuvannâ 2014; 1:145-159 | |
ABSTRACT ▼
The purpose of this paper is to identify main benefits and risks of financial globalization for the economies of developing countries. The article studies the specificity and features of globalization in the light of the recent financial crisis, and distinguishes a factor and conditional approach to determine the consequences of their impact on the national economy. Special attention is paid to the risks arising from the intensification of capital flows for the countries with insufficiently effective regulatory system, weak macroeconomic environment and low activity of market institutions. The main research methods are: scientific abstraction, analysis and synthesis, the method of statistical comparisons. While comparing indicators of financial integration in low- and middle-income countries, the author points out to relatively high integration of Ukraine in the global financial sector, and identifies a number of factors limiting the opportunities of getting potential benefits of financial globalization in Ukraine.
Keywords: financial globalization, financial integration, liberalization of financial markets, capital flows
JEL: F65
| Article in Ukrainian (pp. 145 - 159) | Download | Downloads :365 |
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