Fìnansi Ukraïni最新文献

{"title":"Public expenditures in crisis periods: empirical testing of developed countries and Ukraine","authors":"I. Storonyanska, Lilia Benovska, Olena Ivashko","doi":"10.33763/finukr2024.05.051","DOIUrl":"https://doi.org/10.33763/finukr2024.05.051","url":null,"abstract":"Introduction. It is important for the development of the country to improve the planning and increase the efficiency of public expenditures, the search for their optimal structure, but such tasks become much more difficult in conditions of uncertainty and are actualized during economic crises. The purpose is to identify the features and trends of the impact of public expenditures on economic growth in crisis periods in Ukraine and in the developed countries. Methods. A systematic methodical approach was used in combination with the methods of statistical research. Results. The study has tested the following hypotheses: according to Wagner's law, it is assumed that the growth of public expenditures should be accompanied by the GDP growth ; socio-economic development of the country is determined not only by volumes, but also by the efficiency of the use of state financial resources (according to Keynes' hypothesis); the level of GDP redistribution through state budget is sensitive to crises; local budgets are less sensitive to financial and economic crises Conclusions. It has been proven that public expenditures increase aggregate demand and stimulates economic growth. However, different directions of expenditures for current or investment purposes, as well as their sectoral cut, have an unequal impact on economic growth. Despite the understanding of higher efficiency to ensure economic growth of investment-oriented expenditures, the budgetary policy of developed countries is aimed at the primary observance of social standards and efforts to combine economic growth with social justice. The level of centralization of GDP in the consolidated budget of countries is sensitive to crises, which is manifested by the increase in expenses during the crisis period. Crisis phenomena also have an impact on the change in the structure of budget expenditures, which was reflected in the increase in the share of health care expenditures during the spread of the COVID-19 pandemic and defense expenditures during martial law. At the same time, local budget expenditures are less sensitive to crises. In the conditions of external threats, and especially the involvement of the country in a military conflict, the role of the state is growing, as evidenced by the drastic changes in the structure of the state budget of Ukraine during the war, as well as the growth of military expenditures in the EU, the USA and other countries.","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":"46 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141819572","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Market conditions and the role of the state in post-war economic recovery of Ukraine","authors":"Anatolii Danylenko, Vitalii Venger","doi":"10.33763/finukr2024.05.007","DOIUrl":"https://doi.org/10.33763/finukr2024.05.007","url":null,"abstract":"Introduction. The loss of consumers of Ukrainian products from the former Soviet Union harmed the economy, especially industry. Along with a significant decline in demand for its products, payments to the budget and receipt of foreign currency decreased. Privatization, especially in industry, and the development of the basics of market relations did not provide the necessary impetus for the economy. Insufficient state participation in the innovative renewal of fixed assets and in supporting demand for Ukrainian products also hindered growth. Problem Statement. The combination of market relations with state regulation of the economy, particularly for the development of Ukraine's industrial sector. Methods. The study employs methods of critical analysis, summarizing the advantages and disadvantages of market mechanisms in Ukraine, systematization, and integration. The purpose is to carry out a systematic analysis of the results of the activities of enterprises over a 30-year period of their development in the conditions of market economy in Ukraine, the assessment of the support of state management bodies in the process of ensuring the efficiency of domestic economic entities in general, the comparison of the Ukrainian approach to the independence of enterprises in market conditions with the provisions of J. M. Keynes’ theory regarding the role of the state in the formation of demand for their products. Methods. The study employs methods of critical analysis, summarizing the advantages and disadvantages of market mechanisms in Ukraine, systematization, and integration. Results. State assistance in the renewal of fixed assets and the transition to innovative production from 1991 to 2021 was insufficient. Following the industrial decline of 1991, recovery in Ukraine was slow as enterprises paid insufficient attention to the aging of their assets and their financial condition. Many industrial enterprises failed to take advantage of opportunities to modernize production and maintain profitability. This resulted in their losses, reduced budget payments, and the loss of global market segments The results of the analysis showed that the construction of the market economy in Ukraine did not follow Keynesian principles, which led to the aforementioned problems. Conclusions. It was the balanced involvement of the state in post-war economic restructuring that brought success to Germany, South Korea, and Vietnam. After the war, certain key enterprises in Ukraine may face a shortage of resources due to incurred losses. This problem can only be resolved with state involvement. The authors identified strategic industrial sectors whose development will accelerate structural and innovative transformations in the national economy, including metallurgy, mechanical engineering, and construction.","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":"30 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141819484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Metodological and software support for the implementation of electronic document circulation at the level of local budgets using the “ISC Local budget” software","authors":"M. Riabokin, Oleksiy Blyuma, Y. Kotukh","doi":"10.33763/finukr2024.05.071","DOIUrl":"https://doi.org/10.33763/finukr2024.05.071","url":null,"abstract":"Introduction. The effectiveness of local self-government bodies directly depends on the availability of an appropriate information base and the possibility of using digital tools. In conditions of armed conflict, the implementation of electronic documents into the budgetary process at the local level becomes particularly important, as there is a significant risk of document loss and restricted access to them. Problem Statement. Currently, there is a lack of methodology and practice for electronic document circulation at the level of local budgets in Ukraine using corresponding software products. Purpose. The objective is to substantiate the possibilities of implementing electronic document circulation at the level of local budgets using the “ISC Local Budget” software. Methods. Bibliographic analysis, graphical methods, and analysis and synthesis methods were used. The research is based on the existing functionality of “ISC Local Budget” software which was put into experimental operation. Results. Normative documents regulating the main aspects of the budget process at the level of local budgets have been analyzed. It has been noted that they contain relevant provisions foreseeing the possibilities of implementing electronic document circulation. The authors demonstrate the process of electronic document circulation for budget process participants at the local level in “ISC Local Budget” software. Conclusions. The proposed methodology for implementing electronic document circulation in local self-government bodies using “ISC Local Budget” software is highly relevant, as it will contribute to simplifying and optimizing their activities, providing more efficient, transparent, and convenient interaction among participants in the budget process.","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":"23 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141819510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Highlighting the problems of terrorism and its financing in the process of training specialists in financial monitoring","authors":"L. Lovinska, Vladyslav Grabovyi","doi":"10.33763/finukr2024.05.110","DOIUrl":"https://doi.org/10.33763/finukr2024.05.110","url":null,"abstract":"Introduction. When developing a system of anti-terrorism measures, it is critically important to take into account the need to train human resources, in particular in the field of financial monitoring, which would ensure the implementation of these measures. The launch of the educational and professional bachelors program “Financial monitoring and analysis” at Kyiv National Economic University named after Vadym Hetman within the framework of specialty 071 “Accounting and taxation” set the task for the developers to determine the content of the educational process. Problem Statement. When determining the list of disciplines (educational components) of the curriculum, developing work programs for them, it is necessary to take into account that financial monitoring as a practical activity and science is formed at the intersection of law, finance, financial control, financial analysis, risk-oriented management and accounting in the form of information base for tracking financial transactions and dirty funds movements. One of the difficult issues is the definition of conceptual approaches to highlighting the problems of terrorism and the tasks of financial monitoring in the system of combating it in the educational process. The purpose is to determine meaningful approaches to uncovering the genesis of terrorism internationally, its manifestations in Ukraine, current trends in its spread, and to offer the thematic content of the specified direction for students studying the course of financial monitoring in the educational and professional program “Financial Monitoring and Analysis” in specialty 071 “Accounting and taxation”. Methods. The methods of analysis, synthesis, abstraction, generalization, induction, deduction, explanation, classification, system, observation, description, etc. are used. Results. When developing the course of the discipline “Financial Monitoring” as a basis for the educational program “Financial Monitoring and Analysis”, it is important not only to highlight the issues of the methodology of financial monitoring, methodical and organizational support for the application of a risk-oriented approach, but also to form a holistic view of the scope of the functioning of financial monitoring to reveal the question of the essence and genesis of phenomena and processes that generate “criminal income”, including terrorism. Approaches to uncovering historical and socio-political origins of terrorism are proposed; manifestations of terrorism in Ukraine; Russian terrorism against the Ukrainian civilian population; cybercrime, information and other new types of modern terrorism; the essence and methods of calculating the global index of terrorism. Conclusions. Launching new educational and professional programs aimed at taking into account innovations in the educational process caused by the expansion of the functional responsibilities of specialists in practice (for example, the classification of accountants and auditors among those who co","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":"125 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141819555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Transformation of the organizational culture of Danish savings banks in the XIX-XX centuries","authors":"Ievgenii Drachko-Yermolenko","doi":"10.33763/finukr2024.05.092","DOIUrl":"https://doi.org/10.33763/finukr2024.05.092","url":null,"abstract":"Introduction. The study of the transformation of the organizational culture of savings banks is related to the popularization of the European trend of corporatization of the banking business in the mid-twentieth century. This process was accompanied by a powerful influence of the historical narrative on the development of savings banking in Denmark, where the mood of leading public organizations with a pronounced social position prevailed. The latter was the leitmotif in the struggle with big financial capital for access to savings and lending to the population. Problem Statement. Transformational changes in the organizational culture of Danish savings banks were crucial to their ability to survive and succeed in increasingly competitive markets. Close cooperation between savings banks of different sizes and authorized capital has reinforced the perception of a common culture and identity based on the realization that savings banks represent an alternative to commercial banks based on a different set of values and understanding of financial services. The loss of the values of the savings movement in the country led to the concentration and centralization of industrial capital, revision of banking legislation, the formation of a developed infrastructure of commercial banks and the creation of financial conglomerates. The purpose is to assess the transformation of the organizational culture of Danish savings banks and its impact on changing the economic behavior of society. Methods. The study used methods of anthropological and historical analysis, sociological and interdisciplinary approaches. Results. The study of cultural features and changes in the organizational culture of savings banks is based on three theoretical approaches: integrative, differential, fragmentary. All three manifestations of culture coexist in any organization, as well as within its internal strategy. It was determined that there is a close relationship between the culture of the organization and its identity The leading narratives play an important role in the constant construction of identity. The author analyzes the cultural identity of the savings movement in Denmark, which is associated with a new class of workers, shopkeepers, and farmers who had no or insufficient collateral to obtain a loan and had limited access to credit. In the last third of the nineteenth century, the cooperative movement of savings banks grew significantly. Savings banks had a solid customer base and generally, better reputation than commercial banks. This development also strengthened the narrative of savings banks. This was especially evident in the interwar period, when the Danish commercial banking system experienced a devastating crisis that significantly damaged its reputation. Conclusions. The cooperative movement in Denmark during the nineteenth and first half of the twentieth century was leading. The narrative about savings banks formed the cultural context in which commercial banks an","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":"121 33","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141819972","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Financial support for the recovery of Ukraine’s economy","authors":"Vasyl Kudrjashov","doi":"10.33763/finukr2024.05.033","DOIUrl":"https://doi.org/10.33763/finukr2024.05.033","url":null,"abstract":"Introduction. The Recovery Plan of Ukraine (hereinafter referred to as the Plan) requires the use of appropriate financial support. The implementation of the Plan should provide not only the restoration of lost potential, but also progressive development, as well as compliance with the conditions of budget balance and debt sustainability. Issues regarding the definition of conceptual approaches to the development and implementation of the Plan are of particular importance. The purpose, goals and tasks of its financial support, the conditions for attracting resources and the direction of their spending need to be clarified. Problem Statement. During the war, quite significant changes were made to the management model of budget operations. Overcoming the consequences of the war and ensuring the progressive development of our country require a review of this model and the implementation of a detailed plan for the financial support of recovery. The development of the Plan involves the attraction of resources from various sources, the participation in its implementation of many business entities, the establishment of directions for spending the mobilized resources and the implementation of an appropriate system of financial flow management. Formation of the Plan requires determination of its content, components, development and implementation of financial support for the recovery of Ukraine. The purpose is to determine the conceptual basis for the development of financial support for the recovery of Ukraine. Methods. The following research methods were used: historical, logical, abstraction, description, generalization, comparison, grouping, analysis, synthesis. Results. Financial support for recovery involves a return to the model used in peacetime, taking into account the infrastructure modernization, the acceleration of economic growth, deepening of structural reforms, maintenance of a stable macroeconomic situation, debt sustainability, as well as the fulfillment of the tasks of accession to the EU. Conceptual approaches to the formation of a plan for the financial support of the recovery and development of Ukraine as a component of the general Recovery Plan of Ukraine have been defined. The sources of funding, the mechanisms of their provision, the task of state administration bodies to create an institutional structure for the implementation of the Plan, guaranteeing the conditions for attracting private capital and the use of external sources, as well as the application of mechanisms of financial stability and debt sustainability in the implementation of the Plan are disclosed. Conclusions. Financial support for the recovery of Ukraine involves attracting resources from various sources, introducing new financing mechanisms, coordinating the interests of many entities, coordinating the management of financial operations, and monitoring the use of the resources involved. Important tasks include combining state resources, private capital, funds of","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":"31 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141819353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Public finance governance under uncertainty","authors":"Tetyana Zatonatska, Igor Ljutyj, O. Anisimova","doi":"10.33763/finukr2023.11.034","DOIUrl":"https://doi.org/10.33763/finukr2023.11.034","url":null,"abstract":"","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":" 31","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139143885","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Climate financing by state development banks","authors":"G. Bortnikov, O. Lyubich, V. Stolyarov, Olena Shcherbakova","doi":"10.33763/finukr2023.12.060","DOIUrl":"https://doi.org/10.33763/finukr2023.12.060","url":null,"abstract":"","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":" 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139144626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Implementation of the BEPS action plan: international experience and state in Ukraine","authors":"I. Kryshtopa, Y. Oliinyk, N. Chukhraieva","doi":"10.33763/finukr2023.12.098","DOIUrl":"https://doi.org/10.33763/finukr2023.12.098","url":null,"abstract":"","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":"143 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139146260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The role of the domestic government bonds market in the public finance system of Ukraine","authors":"Natalia Shapran, Mykola Haponiuk, Vitaliy Shapran","doi":"10.33763/finukr2023.11.116","DOIUrl":"https://doi.org/10.33763/finukr2023.11.116","url":null,"abstract":"","PeriodicalId":209191,"journal":{"name":"Fìnansi Ukraïni","volume":" 43","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139143978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}