THE SIGNAL SYSTEM OF UKRAINE’S ECONOMY EXTERNAL SUSTAINABILITY: INDICATORS APPROACH

Journal Title: Globalization and Business - Year 2018, Vol 5, Issue 5

Abstract

In the paper, the signal system of Ukraine’s economy external sustainability is considered. For this purpose it is presented the Ukraine’s economy external sustainability indicators system that consists of 40 indicators that are divided into five groups: macroeconomic indicators; indicators, characterizing the current account position; indicators, characterizing the capital account position; debt indicators and indicators, characterizing the influence of the external sector. Based on the signal approach, the threshold percentiles, the probabilities of instability occurrence due to external disturbances and the noise-signal ratio for each indicator of external sustainability for the Ukrainian economy are calculated. The results of the noise-signal ratio calculations showed that their values for 21 indicators are quite high but less than one. Based on analysis of indicators’ signals, there is a clear tendency of more accurate identification of the volatility since 2008. For the overwhelming majority of indicators the probabilities of an unstable situation arising due to the signal from the indicator are high and exceed 50%. The probability of an unstable situation occurring without indicators’ signals for all external sustainability indicators except one also exceeds 50%. In addition to it for each of the five groups of indicators and the indicators’ system in a whole the average probabilities of unstable situation occurrence is calculated under the condition of a signal from indicators and without it.

Authors and Affiliations

OLENA BAZHENOVA, IHOR CHORNODID

Keywords

Related Articles

Types of Wireless Networks and Some Aspects of their Application

This article the basic concepts about components and technology of wireless sensor networks are provided; all types of wireless networks are considered (personal, local, regional, global, sensor); features of their struc...

Calculation of Conditionality of Macroeconomic Indicators In the Case of Globalization (On the example of GDP of Georgia)

the important macroeconomic indicator-Calculation of the Gross Domestic Product (GDP) is characterized with some systematic lacks, although having its progress too: First of all, there is not pointed out such quality par...

PROFESSIONAL EDUCATION AND HUMAN CAPITAL DEVELOPMENT DIFFICULTIES IN GEORGIA UNDER THE MODERN GLOBALIZATION TERMS

Unfortunately, in the epoch of modern globalization, the main priority of the country is still the unemployment and the poverty overcoming. In such situation it is clear, that the economic development and the significant...

The Development of Cooperation in Europe During Late XIX – Early XX Century: Structure, Principles

The article refers to the features of the international cooperative movement in the late 19th century. Setting it up as a working economic and social structure, relationships with other international organizations and sp...

Universal Basic Income Based on Experience of Different Countries

Automation brings new opportunities and new challenges to the economy. Economic environment is changing with fast pace and this has a huge impact on labor market. Problem of employment is becoming more challenging a...

Download PDF file
  • EP ID EP540418
  • DOI -
  • Views 126
  • Downloads 0

How To Cite

OLENA BAZHENOVA, IHOR CHORNODID (2018). THE SIGNAL SYSTEM OF UKRAINE’S ECONOMY EXTERNAL SUSTAINABILITY: INDICATORS APPROACH. Globalization and Business, 5(5), 90-95. https://www.europub.co.uk/articles/-A-540418