Implementation of State Economic Policy under Corporatocracy: Financial and Credit Aspect

The article brings focus to the subject of ensuring the financial capacity of Ukraine as an essential prerequisite for further transformations of the national economy. The modern problems of making state economic policy in the conditions of the corporatocracy are covered. The disadvantages of implem...

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Published inViešoji politika ir administravimas Vol. 19; no. 3; pp. 36 - 47
Main Authors Kovalenko, Mykola, Ziuz, Dmytro, Smihunova, Olena, Bondar, Natalija, Omelchenko, Halina
Format Journal Article
LanguageEnglish
Published Vilnius Mykolas Romeris University 01.11.2020
Kaunas University of Technology
Subjects
Economic policy
Economic theory
Financial Markets
Implementation
Interdependence
International economic relations
Money
Multinational corporations
Public Administration
Public finance
Residents
Ukraine
economic theory
currency board
financial and credit system
state economic policy
transformation
financial capacity of state
corporatocracy
state economic policy, transformation, economic theory, corporatocracy, currency board, financial capacity of state, financial and credit system
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Summary:The article brings focus to the subject of ensuring the financial capacity of Ukraine as an essential prerequisite for further transformations of the national economy. The modern problems of making state economic policy in the conditions of the corporatocracy are covered. The disadvantages of implementing the state economic policy under the influence of corporatocracy, as a new type of government, which expresses the interests of transnational corporations, are considered. Indicators are determined to assess the spread of corporatocracy in Ukraine when assessing the system of indicators of economic relations between residents and non-residents in the study of the interdependence of the monetary base and international reserves. The implications of currency board for the financial capacity of the state are analyzed. Proposals for improvement of the domestic financial and credit system have been elaborated. The study used the following methodological tools: historical, logical, analysis, tabular, graphical, and comparative methods; abstraction and concretization; generalization.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 14
ISSN:1648-2603
2029-2872
DOI:10.5755/j01.ppaa.19.3.26842