THE MODERN BIAS OF THE ECONOMY OF UKRAINE
Journal Title: Journal L`Association 1901 SEPIKE - Year 2017, Vol 1, Issue 16
Abstract
The article marks the modern tendencies of the economy development in Ukraine. It determines that for the first time since the depression and the crisis years the Ukrainian economy has demonstrated positive growth indicators. It indicates that the capital investment was concentrated in industries with better access to liquid resources from internal or external markets also marks the strong growth of investment in the sectors related to the communal sector. The supply of electricity, gas, water, sewerage and waste management, and mining are the industry leaders in the volumes of investment. The sphere of consumption has also played the role of a driving force of economic growth, but the impact of foreign trade was negative. It is established that the recovery of growth in the industry had enough sectoral character, and the main engine of output growth in the sector was the external factor. The agricultural sector should also associate the trend of production stabilization. It is proved that the economic recovery has simplified the achievement of macroeconomic stability, which led to the advancement of Ukrainian banks and a slow recovery of positive dynamics of the population's real incomes. There has been a dramatic decrease in the rate of inflation and this has become possible primarily due to the elimination of the devaluation factor. Consequently, the increase of capital investment that occurred over the adverse trends in external and domestic markets, while maintaining the difficulty of access to credits and the extremely weak fiscal stimulants, the indicated healthy adaptation to business macroeconomic risks respond to competitive challenges and may precede the stage of a cyclical recovery, but the lack of strong macroeconomic underpinnings of this revival retains the uncertainty of future forecasts. The results of the research are marked: movers, brakes and obstacles, as well as the risks of the economic development of Ukraine in the future. The article focuses on the issues of social security of internally displaced person's assistance to the internally displaced persons increasing in connection with the raising of the minimum wage.
Authors and Affiliations
Svitlana Noskova, Yuliia Zavoiskyh, Olena Tatarchenko
Keywords
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- EP ID EP301985
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