scholarly journals PROBLEMS OF UKRAINE’S COOPERATION WITH INTERNATIONAL FINANCIAL ORGANIZATIONS

2019 ◽  
Vol 2019 (5) ◽  
pp. 41-47 ◽  
Author(s):  
Oleksiy PLOTNIKOV ◽  
Keyword(s):  
National Security ◽  
Financial Institutions ◽  
External Debt ◽  
Financial Resources ◽  
Modern World ◽  
International Financial Institutions ◽  
National Interests ◽  
Political Factors ◽  
Current State ◽  
Socio Economic Development

The contemporary aspects of Ukraine’s cooperation with international financial organizations are considered. The modern world is characterized by widespread use of external debt borrowing along with domestic sources of financing. The problems on the way of optimization of relations between Ukraine and international financial organizations are identified. In particular, these problems include: solvency of Ukraine and the growth of external debt; inadequacy of requirements of the international financial organizations to the realities of Ukraine’s economy; permanent influence of the international financial organizations on the activity of the current government of the state; requirements from the international financial institutions that are on the verge of national security of Ukraine, and in some cases cross this limit; the use of political factors to directly support the holding of various kinds of “reformers”; optimization of relations between Ukraine and the international financial organizations. The actual directions of optimization of Ukraine’s cooperation with international financial organizations are outlined. The author shows the necessity to build strategies of relations of Ukraine with international financial organizations to be based on the current state of the national economy. The transition from direct receipt of financial resources to advisory and other support from these institutions is deemed as the possible direction of further relations of Ukraine with international financial organizations. In modern conditions it is necessary to reorient the cooperation with international financial organizations to achieve the national interests of Ukraine in the country and abroad. Ukraine’s relations with the international financial institutions should be built in the context of optimizing the model of socio-economic development and changing relevant accents.

scholarly journals Strategic aspects of Ukraine’s cooperation with IFIs in the energy sector

2021 ◽  
Vol 2021 (1) ◽  
pp. 83-100
Author(s):  
Kateryna KLYMENKO ◽  
◽  
Maksym SAVOSTIANENKO ◽  
Keyword(s):  
Financial Institutions ◽  
External Debt ◽  
Energy Sector ◽  
Financial Resources ◽  
International Financial Institutions ◽  
Medium Term ◽  
Priority Areas ◽  
National Norms ◽  
State And Local

The article analyzes the cooperation strategies of international financial organizations with Ukraine in terms of priority areas of cooperation in the medium term in the energy sector. The key positions on the directions of reforming the energy sector of Ukraine in line with the requirements of the IMF are studied. The authors study the state of attracting IFIs financial resources in the energy sector of Ukraine. The key areas, tasks, results of attracting financial resources of international financial institutions in the energy sector are identified. Measures are proposed to improve the legislative and regulatory framework in order to increase the effectiveness of further cooperation in the medium term. The conceptual bases of development of the new long-term Strategy of cooperation with IFIs till 2030 are stated. Adoption of the Strategy of Cooperation of Ukraine with International Financial Institutions will coordinate the priority areas of partnership in the medium term and promote the accumulation of resources of international partners, state and local budgets, other sources for development projects in key areas while maintaining acceptable external debt and achieving positive changes in the energy sector. The authors argue that in the current conditions it is advisable to intensify efforts to increase the effectiveness of joint programs in the energy sector. First of all, it is about developing national norms and rules and their harmonization with European ones (taking into account the chosen vector of development) in order to more effectively avoid and manage risks, monitor the processes of preparation, implementation and evaluation of such programs.

PRACTICAL ASPECTS OF APPLICATION OF THE MODEL OF INTEGRAL ASSESSMENT OF THE LEVEL OF ECONOMIC SECURITY OF UKRAINE

2017 ◽  
Author(s):  
Oksana Gaiduchok ◽  
◽  
Oleksiy Stupnytskyi ◽  
Keyword(s):  
National Security ◽  
Economic Security ◽  
Modern World ◽  
Security Threats ◽  
National Interests ◽  
Modern Times ◽  
Military Security ◽  
Integral Assessment ◽  
Political Economic

In modern times, it is believed that by reducing the risk of military intervention, military security has lost its relevance, and economic security has become a priority of national interests. The principle of economic security is as follows: national interests are supported through an economic system that supports free exchange and ensures the upward mobility of the nation. The analysis of economic security is based on the concept of national interests. It is well known that the problem of national security and its components cannot be considered only from the standpoint of current interests; it is closely related to the possibilities of their implementation over a significant, long-term period. Each stage of realization of national interests of the country is characterized by its assessment of its geopolitical, geostrategic and geoeconomic conditions, security threats and the main carriers of these threats, the mechanism of realization of national interests (each of the stages has its own assessment of the main definitions and categories of security, the main vectors of geoeconomic policy). Economic security is the foundation and material basis of national security. A state is in a state of security if it protects its own national interests and is able to defend them through political, economic, socio-psychological, military and other actions. There is a close connection between economic security and the system of national and state interests, and it is through this category that the problems of economic potential and economic power of the state, geopolitical and geoeconomic positions of the country in the modern world are intertwined. At a time when regional forces are trying to expand markets, provide access to finance and the latest technology, economic security has become a necessary component of the ability of regional forces to expand their influence. The article is devoted to the study of economic security of Ukraine and its components using the model of quantitative assessment of economic security of Ukraine. Using the Fishburne method, a model is built that allows to obtain an integrated assessment of the level of economic security based on the synthesis of nine partial indicators.

Climate change and security in Canada

2021 ◽  
Vol 76 (2) ◽  
pp. 183-203
Author(s):  
Wilfrid Greaves
Keyword(s):  
Climate Change ◽  
National Security ◽  
Human Security ◽  
Climate Change Impacts ◽  
Future Research ◽  
National Interests ◽  
Domestic Conflict ◽  
The Third ◽  
Current State ◽  
Humanitarian Crises

This article examines the implications of human-caused climate change for security in Canada. The first section outlines the current state of climate change, the second discusses climate change impacts on human security in Canada, and the third outlines four other areas of Canada’s national interests threatened by climate change: economic threats; Arctic threats; humanitarian crises at home and abroad; and the threat of domestic conflict. In the conclusion, I argue that climate change has clearly not been successfully “securitized” in Canada, despite the material threats it poses to human and national security, and outline directions for future research.

ANALYSIS OF THE CURRENT STATE OF ACTIVE AND PASSIVE OPERATIONS IN COMMERCIAL BANKS

2021 ◽  
Vol 4 (4) ◽  
pp. 55-63
Author(s):  
Masuda Muminova ◽  
Keyword(s):  
Financial Institutions ◽  
Commercial Banks ◽  
Statistical Data ◽  
International Experience ◽  
International Financial Institutions ◽  
Current State ◽  
The Stability

The article analyzes statistical data on the management of active and passive operations in commercial banks, forms the theoretical views of foreign and domestic economists.Scientific novelty of the research:1. One of the main expected results of the transformation of commercial banks with the support of international financial institutions is based on the reduction of the state's share in a number of commercial banks, the introduction of international experience in attracting strategic investors with sufficient experience, knowledge and reputation;2. When managing the assets and liabilities of the bank, first of all, it is necessary to analyze the factors of attracting the bank's resources, the stability of the resources of commercial banks has proven that it allows risk-free management of active operations

The Impact of Debt on Economic Development of the Western Balkan Countries

2020 ◽  
Vol 58 (3) ◽  
pp. 363-379
Author(s):  
Mehdija Ćosović
Keyword(s):  
Financial Markets ◽  
Financial Institutions ◽  
Current Account Deficit ◽  
External Debt ◽  
International Financial Institutions ◽  
The Balkans ◽  
The Past ◽  
Balkan Countries ◽  
The Impact ◽  
Selection Of

Abstract The degree of increased indebtedness in the Western Balkan countries is generated by increasing consumption in terms of increased economic growth and structural reforms. Although these countries have shown an increase in exports and foreign direct investment over the past few years, the current account deficit remains high, especially in the ratio between external debt and GDP, which is not only high but at the stage of growth. Also, as domestic financial markets are underdeveloped, these countries are to a large extent exposed to an increase in the price of foreign borrowing. The current borrowing policy continues with increasing investment in non-productive consumption, which requires renewed borrowing. The presentation of debt trends, analysis and comparison of external debt of these countries show relevant guidelines in the selection of an adequate economic policy that would enhance the competitiveness of this part of the Balkans. Also, a comparative analysis of the indebtedness ratio will especially assess the state of indebtedness in Serbia, the structure and the movement of external debt towards international financial institutions. The comparison in this paper is made using standard indices of indebtedness based on the data obtained from the national statistical institutes and international financial institutions.

scholarly journals On Some Criminological Parameters of Ensuring Anti-Drug Security

2019 ◽  
Vol 13 (2) ◽  
pp. 223-233
Author(s):  
Tatyana Sudakova ◽  
Maria Vasilyeva
Keyword(s):  
National Security ◽  
Specific Weight ◽  
Illegal Drug ◽  
Drug Trade ◽  
Security Measures ◽  
National Interests ◽  
Current State ◽  
Criminal Organizations ◽  
Specific Meaning ◽  
Legal Difficulties

The current state strategy of national security enumerates some crucial directions of its implementation. Illegal drug trade, when carried out by criminal organizations and groups in most dangerous forms, is identified by legislators as a separate problem among the threats to national security. Thus, the anti-drug security today acquires a specific meaning and significance within the context of determining its vital indicators and criteria of effectiveness to ensure the protection and sustainable development of society. The understanding of anti-drug security is connected with a complex of consolidated legal, political, information, socio-economic and other measures aimed at further development and implementation of the state policy of counteracting the activities of criminal organizations and groups connected with illegal drug trade with the goal of ensuring national interests and strategic national priorities. One of the criteria of the effectiveness of anti-drug security measures is the implementation of the policy of counteracting illegal drug trade and other forms of illegal trafficking carried out in a group. The official information on the effectiveness of such policy shows that there are no serious results in this sphere. These conclusions are based on the stable average statistical domination of persons convicted for illegal operations with drugs without the goal of selling (over 70 % of all persons convicted for drug crimes) among all those convicted for such operations. This indicator has been increasing year-on-year practically during the whole past decade. The specific weight of persons convicted for collective crimes has traditionally been insignificant in the structure of all illegal drug trade and does not exceed 8–9 % of all drug-related crime. These statistical facts are totally in discord with the priorities outlined in the policy of counteracting illegal drug trade. The causes of statistical dominance of such indicators are connected with the organizational and legal difficulties in the work of the law enforcement system, which is supported by the statistical and specific sociological methods used in the research of the regional specifics of these processes.

scholarly journals THE ROLE OF FINANCIAL RESOURCES IN ESTABLISHING CONTEMPORARY SECURITY PARADIGM IN DEFENCE AREA FOR THE SELECTED COUNTRIES

2012 ◽  
pp. 49-68
Author(s):  
GREGOR GARB
Keyword(s):  
National Security ◽  
Good Practice ◽  
Modern Society ◽  
Financial Resources ◽  
Modern World ◽  
Defence System ◽  
Security Environment ◽  
Guidance Documents ◽  
National Defence

This paper examines a complex security environment and every-day challenges of the modern world. According to the author, the national defence system, as part of the national security system in a modern society, should constantly adapt to challen- ges of the environment in which it operates. Only in this way, it is possible for the defence system to effectively respond to the challenges of globalization processes, including those pertaining to security. The challenge exists in the organisation of defence systems and financial resources providing their functioning in indivi- dual countries. In this respect, countries are organized differently or have started to introduce the organizing or adapting of the system to the challenges of the modern environment in a different way. The success of their adaptation will only become measurable over time. Since Slovenian strategic and guidance documents lay down the transformation of the Slovenian defence system, it is reasonable to consider the examples of good practice and follow the approaches used by selected countries. Only timely and comprehensive transformation of the defence system will provide a more efficient support to the defence system and to the system of protection against natural and other disasters, to the necessary extent. Večplastno varnostno okolje in izzivi sodobnega sveta, s katerimi se vsak dan srečujemo, predstavljajo rdečo nit članka, v katerem trdim, da se mora obrambni sistem kot del nacionalnovarnostnega sistema sodobne družbe nenehno prilagaja- ti izzivom okolja, v katerem deluje. Le njegovo nenehno prilagajanje mu namreč omogoča, da se učinkovito odzove na izzive, ki jih prinašajo s seboj procesi glo- balizacije, tudi na področju varnosti. Izziv predstavlja področje organiziranosti obrambnih sistemov in finančnih virov, ki zagotavljajo njihovo delovanje po posa- meznih državah. Omenjeno področje je namreč v državah različno urejeno oziroma so se države večinoma različno lotile organiziranja oziroma prilagajanja sistema na izzive sodobnega okolja. Uspešnost njihovega prilagajanja bo merljiva šele čez čas. Strateški in usmerjevalni dokumenti določajo tudi preoblikovanje obrambnega sistema Slovenije, zato je smiselno upoštevati tudi primere dobre prakse in pristope, ki so jih uporabile izbrane države. Le s pravočasnim in celovito izvedenim preobli- kovanjem obrambnega sistema se bo zagotovila še učinkovitejša podpora obramb- nemu sistemu in v nujnem obsegu tudi sistemu varstva pred naravnimi in drugimi nesrečami.

scholarly journals THE MECHANISM OF AGRICULTURE SUPPORT FUNDS FUNCTIONING

2021 ◽  
Vol 9 (3) ◽  
pp. 27-38
Author(s):  
Mariya Samohovec
Keyword(s):  
Financial Institutions ◽  
Financial Statements ◽  
The State ◽  
Financial Resources ◽  
International Financial Institutions ◽  
Agricultural Producers ◽  
Main Area ◽  
Information Materials ◽  
Official Information ◽  
Agriculture Support

Agriculture support funds is one of the variants for supporting agricultural producers, incl. budgetary functioning, worldwide. The main sources of formation and activities of agriculture support funds (in Uzbekistan, Kazakhstan and Armenia) were analyzed. The research is based on the official information materials for establishment and functioning of such funds (regulatory legal acts, articles of association, corporate documents, financial statements, etc.). The following conclusions were made as the result of the analysis: agriculture support funds may include own capital and attracted resources, investors' facilities and funds of international financial institutions. The main area of activity of agriculture support funds is financing agricultural producers on various bases - lending and microcredit, investments, subsidies, leasing programs. It is possible to distinguish three options for the financial resources movement through agricultural support funds, depending on the role assigned to the fund in this mechanism – source of financial resources, the State agent or investor.

Tajik bond issue is symptom of chronic debt addiction

2017 ◽  
Keyword(s):  
Financial Institutions ◽  
Budget Deficit ◽  
Foreign Currency ◽  
External Debt ◽  
Limited Capacity ◽  
Budget Deficits ◽  
International Financial Institutions ◽  
Bond Issue ◽  
Content Type ◽  
The Government

Subject Tajikistan's search for loans. Significance The government has successfully issued a bond to finance construction of the costly, high-prestige Roghun hydroelectric scheme. With limited capacity to increase revenue, the government finances budget deficits and new projects with loans and grants from international financial institutions (IFIs) and other foreign sources, notably China. Impacts External debt will mount up through persistent borrowing to cover the budget deficit. Debt servicing is risky given Tajikistan's vulnerability to fluctuating cotton and aluminium prices. Electricity exports are seen as a new foreign currency source but the major new plant is unfinished. Officials may view bond issuance as a 'cost-free' way of funding projects when IFIs shy away.

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