Household Incomes and Costs as Sources of the Country's Flexible Development
Journal Title: Бізнес Інформ - Year 2015, Vol 7, Issue 0
Abstract
The article analyzes the degree of influence of individual types of the households' financial resources in Ukraine on the stages of formation and use of incomes for provision of economic growth, taking into account the feasibility of the basic conditions of flexible development. As resources for flexible development, in the analysis were used profit and mixed income, entrepreneurial income and income from self-employment, and income from property. Availability and value of extreme points in the dynamics of both financial resources and the household costs, excess of which causes a counter-productive effect on GDP, has been determined. The reserve of increase for individual types of financial resources and household costs towards GDP in relation to their extremes has been estimated. A forecast of changes in the differentiation of the population in Ukraine in the nearest future has been received. It has been specified that agile financial potential of population, under conditions of the cyclic economy development with increasing duration and depth of the crisis and recessionary processes, is a key characteristic of the financial system stability, the basis of its development and, consequently, of the country's flexible economic development, i.e. the resilience of economic dynamics.
Authors and Affiliations
Olexandra Laktionova
Keywords
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- EP ID EP153446
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