Efficiency of Ukraine’s monetary policy in the context of achieving monetary security

2021 ◽  
Vol 92 (1) ◽  
pp. 13-31
Author(s):  
Galina Myskiv ◽  
Nazarii Grygoryshyn ◽  
Olha Levytska-Revutska
Keyword(s):  
Monetary Policy ◽  
Institutional Environment ◽  
Economic Security ◽  
The State ◽  
Present Stage ◽  
Effectiveness Of Monetary Policy

The article explores the effectiveness of monetary policy by identifying its main criteria and analyzing indicators of monetary security. The authors draw conclusions about the state of monetary policy and its impact on Ukraine’s economic security. The analysis indicates that the country’s monetary policy is sufficiently effective to achieve the monetary goals and guarantee economic security. Four groups of monetary threats to economic security were identified, related to monetary policy, banking, investment and institutional environment, which were rated on a scale from 0 to 5 for 2010, 2015 and 2020. At the beginning of 2020 Ukraine’s economic security was mainly threatened by excessive dollarization of the economy and a small share of long-term loans in all total loans granted by banks. The authors argue that effective monetary policy at the present stage should focus on stabilizing, modernizing and restructuring the industry.

scholarly journals ON IMPORT SUBSTITUTION OF THE MEAT INDUSTRY FOR PROVIDING FUNCTIONS OF SOCIAL PROTECTION OF POPULATION: FEATURES AND ANALYSIS

THE BULLETIN ◽  
2020 ◽  
Vol 6 (388) ◽  
pp. 204-212
Author(s):  
Nassyrova Anar, ◽  
◽  
Rudyk Natalia, ◽  
Shchegoleva Elena, ◽  
Kolesnikova Elena, ◽  
...  
Keyword(s):  
Local Governments ◽  
Social Protection ◽  
Import Substitution ◽  
Meat Products ◽  
Social Institutions ◽  
Economic Security ◽  
The State ◽  
Meat Industry ◽  
Current State

The idea of import substitution, as well as its attendant problems and challenges, arise permanently and becomes relevant for national economies within the framework of national security concepts and socio-economic development strategies of different countries. Russia is no exception and ensuring social protection of the population is paramount for the sustainability of the interaction of social institutions and ensuring food and economic security in general at the regional and country levels. The meat and meat products market, being the largest segment of the domestic food market, has a significant impact on the country's food supply. The presented study discribes the features of domestic meat industry development in implementation of import substitution programs. Solving the problems of import substitution is not an instant procedure[3]. This is a set of long-term measures, in the implementation of which state bodies at all levels, business itself, and local governments should take part. The purpose of the work is to show the problems that the industry is facing at the present stage, the directions of their solutions and the tasks of the state in this mechanism. The current state of the industry, the volume of its financial support have been analyzed in the study. The state support of import substitution in the industry and its results are examined in detail. Based on data on the current state, the main problems of the development of the industry have been identified, the dynamics of import substitution in it has been shown, there have been formulated recommendations for the effective development of the industry in the long term.

scholarly journals Global challenges and the formation of the digital economy: current state, security problems, development trends

2020 ◽  
pp. 52-60
Author(s):  
Natalya Lytnyeva ◽  
Sergey Voronov ◽  
Natalia Kidanova
Keyword(s):  
Rapid Development ◽  
Information Age ◽  
Economic Security ◽  
The State ◽  
Economic Agents ◽  
State Security ◽  
Current State ◽  
Wide Range ◽  
Main Basis

At present, the issues of economic security seem to be relevant both for the economic development of the state and for complex scientific research. A wide range of the vital activities of society includes indicators that reflect the potential threats that can be encountered by economic agents. The problem of economic security is now becoming increasingly important, and this in turn is caused by the rapid development of a diversified alternative economy that uses the latest achievements of scientific and technological progress. It is quite difficult to predict the development of the country’s economy in the long term when the current challenges and threats are not taken into account. That is why in the information age, where information technology is the main basis for conducting economic activity, and information security is one of the main directions of state development, while the state itself acts as an economic institution. Therefore, the development of the digital economy in Russia poses both opportunities and significant threats.

scholarly journals Economic Security Management of Insurance Services Market of Ukraine: The Theoretical Aspects and Practical Recommendations

2021 ◽  
Vol 8 (523) ◽  
pp. 156-162
Author(s):  
R. V. Kobko ◽  
Keyword(s):  
Rapid Change ◽  
Influence Factors ◽  
Developed Countries ◽  
Economic Security ◽  
State Regulation ◽  
The State ◽  
The World ◽  
High Level ◽  
Practical Recommendations

The article is aimed at defining the theoretical aspects of managing the economic security of the insurance services market of Ukraine, searching for ways to develop special practical recommendations to solve the outlined problem. In the context of transformational changes and globalization metamorphoses, the issue of ensuring a high level of economic security of the insurance services market in Ukraine is one of the priorities. The article discusses the risk factors influencing the provision of a high level of economic security of the insurance services market of Ukraine, analyzes the mechanisms for managing the economic security of the insurance services market. Particular attention is paid to the characterization of models of the State regulation of economic security of the insurance services market of the countries of the world, which helps to form the main emphasis on the state of development of the insurance services market of Ukraine. The practice of developed countries of the world indicates the inadmissibility of such a mechanism for ensuring economic balance as insurance premiums, and the need to focus on the formation of insurance reserves. Based on the practice of the developed countries of the world, it is advisable to summarize the mechanisms for ensuring the economic security of the insurance services market as a single system, monitoring of which will ensure systematic economic development, quick managerial decisions in transformational conditions and attraction of investment funds for long-term strategic planning. In addition, the article draws a parallel between ensuring a high level of economic security of the insurance services market and the development of the Ukrainian economy in the context of a rapid change in external influence factors, involving priority mechanisms for ensuring the long-term investment development of the country. The main directions of improvement of the State regulation of economic security of insurance services market are proposed.

scholarly journals Analysis of The Effect of Monetary Policy on Government Sharia Securities (SBSN) in Indonesia

2018 ◽  
Vol 2 (2) ◽  
pp. 109
Author(s):  
Juaris Juaris ◽  
Raja Masbar ◽  
Chenny Seftarita
Keyword(s):  
Monetary Policy ◽  
Exchange Rate ◽  
Interest Rate ◽  
Time Series Data ◽  
The State ◽  
Series Data ◽  
Positive Contribution ◽  
State Budget ◽  
Effect Of Monetary Policy

Outstanding Government Sharia Securities (SBSN) in Indonesia from the first published on 2008 continued to experience significant growth. Monetary indicators often associated with capital markets are inflation, exchange rate and interest rate (BI Rate) show a fluctuating pattern, these factors can inhibitSBSN growth.This study aims to analyze the effect of monetary policy(inflation, exchange rate and BI Rate) on Government Sharia Securities (SBSN) and the contribution of Government Sharia Securities (SBSN) tothe state budget(APBN). Using monthly time series data from January 2010 until July 2016 and Autoregressive Distributed Lag (ARDL), the estimation results conclude that there is a co-integration in the models studied. While the estimation result of ARDL shows in the long term, exchange rate significantly has an effect on SBSN. While inflation and BI Rate have no significant effect on SBSN either in the short or long term. This study also shows the positive contribution of SBSN as deficit financing and development project. Therefore, the government must optimize the state sukuk by increasing the issuance of state sukuk in the structure of the state budget and supported by the control of inflation and exchange rate. For investors can take advantage of the state sukuk to invest, this is consistent with the insignificant effect of interest rate so that the investment is safe with sharia principles.

Economic security of Russia at the present stage

2021 ◽  
Author(s):  
Nazirhan Gadzhiev ◽  
Ol'ga Kiseleva ◽  
Ol'ga Skripkina ◽  
Sergey Konovalenko ◽  
Mihail Trofimov
Keyword(s):  
Economic Development ◽  
National Security ◽  
Economic Security ◽  
The State ◽  
Russian Society ◽  
Present Stage ◽  
Medium Term ◽  
Economic Space ◽  
Wide Range ◽  
Integral Development

In the context of the reform of modern Russian society, issues related to strengthening the entire national security system and, first of all, economic security, focused on ensuring stable economic development of society and the state, their protection from current threats and risks, are of particular importance. Ensuring the interests of the country is based on the types of economic security that determine the integral development of the socio-economic space of Russia. The monograph outlines the essence, content, practical provisions of such aspects of the economic security of society and the state as food, environmental, social, monetary, tax, etc. The system of indicators, indicators and thresholds of various types of economic security is considered. Particular attention is paid to the forecast of the dynamics of key economic indicators of economic security in the medium term. The main directions of increasing the effectiveness of the mechanism for ensuring economic security in a market economy are shown. For a wide range of readers interested in the economic security of Russia. It will be useful for students, postgraduates and teachers of economic universities.

scholarly journals Strategic Priorities for the Development of State Corporations of the Russian Economy in Modern Conditions

2021 ◽  
pp. 5-15
Author(s):  
Vladimir Kurchenkov ◽  
Olga Makarenko
Keyword(s):  
Economic Security ◽  
The State ◽  
Strategic Development ◽  
Leading Role ◽  
Russian Economy ◽  
State Participation ◽  
State Corporation ◽  
Institutional Status ◽  
Modern Russian

The article deals with the functioning and development of large state corporations in the Russian economy. Including the matters of determining the strategic priorities of socio-economic development in the state as a whole their leading role within the formation of the corporate model of public sector in the modern Russian economy is justified. It is determined that each state corporation performs different functions in the economy, including reproduction, innovation, stabilization and the function of ensuring economic security. The paper highlights the shortcomings and imperfections of the institution of state corporations functioning determined by the peculiarities of their institutional status. Practical examples of participation of state corporations in the implementation of major national projects of the country are presented. It was revealed that the strategic development priorities of state corporations coincide and correlate with the development priorities of the state, thereby ensuring their participation in the implementation of state policy in a particular area. The analysis made it possible to highlight recommendations for improving the efficiency of state corporations and outline the prospects for their further existence and development in the modern Russian economy. The research results can be used to optimize the work of large corporate structures with state participation when developing strategic planning documents and determining the prospects for their long-term development.

scholarly journals Tax Investment Incentives: Worldwide Experience and Russian Practice

2019 ◽  
Vol 9 (4) ◽  
pp. 618-631
Author(s):  
I. V. Vyakina
Keyword(s):  
Institutional Environment ◽  
Tax Incentives ◽  
Business Environment ◽  
Economic Security ◽  
The State ◽  
Special Role ◽  
Investment Incentives ◽  
Policy Tool ◽  
Multidimensional Complex ◽  
Tax Benefits

Purpose:the main purpose of the work is research of the applying foreign tax experience to stimulate investment in the Russian business environment, taking into account the special role of the tax system in the national economy, it can be as both a factor in creating threats of the economic security and a resource for its provision. To achieve this goal in the article you must accomplish the following tasks: to perform systematization and critical analysis of theories, empirical research and foreign experience in applying tax incentives to attract investments; to identify the features of the tax relations of the state and business and features of the use of tax incentives in the Russian business environment.Methods:methods of systematic, logical and comparative analysis of the scientific literature were used, an analysis of descriptive statistics was carried out taking into account the assessment of hierarchical and correlation dependencies between empirical data.Results:numerous empirical and theoretical studies on the effectiveness of tax incentives as a tool to increase the investment attractiveness of a territory contain extremely contradictory conclusions. The effectiveness of the application of tax benefits differs depending on the conditions of doing business in the jurisdiction. There is no consensus about the effectiveness of tax benefits, the findings of scientists differ depending on the countries and methods. However, despite numerous criticisms, tax incentives remain a popular policy tool for attracting investment in developed, transitional and developing countries.Conclusions and Relevance:tax relations are essentially multidimensional, complex, and their social, political and legal content is initially conflicting, which determines the need to find a balance between the interests of the state and business. The effectiveness of their practical application to attract investment in the Russian reality is increasing in combination with other non-tax factors, such as business conditions, infrastructure, management quality and institutional environment.

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