The Problems of Ensuring the Monetary-Credit Security of Ukraine

• Main Authors: Petrovska Svitlana A., Petrovskyi Mykhaylo V.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2019-01-01
• Series: Bìznes Inform
• Subjects: monetary-credit security; integral indicator of the monetary-credit security; monetary policy; evaluation of the level of monetary-credit security; financial security
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2019-1_0-pages-311_316.pdf
• ISSN: 2222-4459; 2311-116X

Ensuring the high monetary-credit security of Ukraine is a topical issue today, because it affects the level of development of the State as a whole and the individual economic entities in particular. The article is aimed at carrying out an evaluation of the level of monetary-credit security of Ukraine for the time period of 2013–2017, analyzing the main problems in this sphere, and searching for ways to solve them. The evaluation showed that Ukraine in recent years had too low monetary-credit security values (unsatisfactory and dangerous level). The analysis of the main and proposed additional indicators of the monetary-credit security showed that Ukraine has a number of shortcomings in this sphere. Therefore, today there is an urgent need to introduce measures that would eliminate deficiencies in the monetary sphere of Ukraine, and to develop a strategy for development of the monetary-credit market of our country. Priority tasks should be: finding a way out of the «shadow» regarding the economy of Ukraine; stopping the global outflow of capital from the country and directing it to the national economic development; conduction of a weighted monetary policy by the NBU; implementation of a set of measures aimed at stabilizing the monetary-credit security of Ukraine. Accomplishing of such measures will increase the level of monetary-credit security only with full support at all levels of governance.