The Underlying Causes of Imbalances in the National Economy in the Context of Development of the Domestic Banking Sector

Journal Title: Бізнес Інформ - Year 2016, Vol 4, Issue

Abstract

The worsening financial crisis in Ukraine and laborious work to overcome its effects have heightened relevance of studying the imbalances that have arisen in the national economy. Today, an especially topical focus of scientific research is the search for effective financial tools for the State regulation of the financial market and economy of the country in general. The domestic banking sector is the most vulnerable institution in case of imbalances arising in the economy. Therefore, particularly relevant is studying the issue of increasing the efficiency of banks' activities in the domestic financial market and accomplishing the functions of agents of the integrated system for both the currency regulation and the currency control. With this in mind, the author of the article analyzes the economic and political causes of devaluation of the national currency in 2014-2016, imbalances in the national economy and their impact on the currency fluctuations and on crediting by Ukrainian banks. The actions, taken by the NBU to overcome devaluation, were examined, among which the stabilization of the exchange rate fluctuations, the capitalization of banks and the creation of conditions for investing in Ukraine. A substantiation for practical recommendations on improving the functioning and efficiency of the activities by banks in the currency market of Ukraine to ensure financial stability in the country has been carried out.

Authors and Affiliations

Svitlana Marhvinska

Keywords

Related Articles

Indicators of Food Security as Criteria of Efficiency of Development of the Agro-Food Sphere of a State

The article generalises criteria of efficiency of development of the agro-food sphere and also the state of food security of a country, identified by a wide spectrum of interrelated indicators, which are systemised into...

Conception of the Economic-Mathematical Modeling in Management of Innovation Processes of the Processing Enterprises of the Agro-Industrial Complex

On the basis of the conducted analysis the development trends of domestic agricultural production have been determined. Peculiarities of functioning of the processing enterprises of agro-industrial of Ukraine were studie...

Gnosiological and System Aspects of Interpretation of Concept "Administrative Information"

In the article the necessity of clarification of essence of concept \"administrative information \" on the basis of synthesis of approaches to determination of concept \"in-formation \" is reasonable. T...

Effect of the Assumed Changes in the Customs Taxation on the Effectiveness of Performance of Machine-building Enterprises

The purpose of this article is a situational analysis of threats and opportunities to improve the efficiency of machine-building enterprises on the signing of the Ukraine-EU Association. Analyzing, systematizing and summ...

Preschool Education in the Rural Areas of Ukraine: Problems and Solution Approach

The article is dedicated to the study of the condition of pre-school education in the rural areas of Ukraine and defining problems of its development. It gives the statistical analysis of the data from State Statistics C...

Download PDF file
  • EP ID EP96103
  • DOI -
  • Views 111
  • Downloads 0

How To Cite

Svitlana Marhvinska (2016). The Underlying Causes of Imbalances in the National Economy in the Context of Development of the Domestic Banking Sector. Бізнес Інформ, 4(), 239-243. https://www.europub.co.uk/articles/-A-96103