Assessing the Country’s Financial Security

The article is aimed at assessing the level of financial security of Ukraine, using the instrumentarium for calculating the integrated indicators for each component, during the period from 2005 to 2016. As result of the research, a significant decrease in the level of banking security, security of t...

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Main Authors: Kremen Viktoriia M., Bochkarova Tetiana О.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-03-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-155_161.pdf
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author Kremen Viktoriia M.
Bochkarova Tetiana О.
author_facet Kremen Viktoriia M.
Bochkarova Tetiana О.
author_sort Kremen Viktoriia M.
collection DOAJ
description The article is aimed at assessing the level of financial security of Ukraine, using the instrumentarium for calculating the integrated indicators for each component, during the period from 2005 to 2016. As result of the research, a significant decrease in the level of banking security, security of the non-banking financial sector, as well as debt and budget security have been identified. There was also an unsatisfactory level of foreign exchange security during 2008–2010 and 2015, while in the course of 2006–2007, 2011–2012, in 2014 and 2016, the level was average. The integral indicator of monetary security during the researched period did not exceed the mark of 0,4 points, that is, its level did not reach even the average. In general we can note the average level of financial security in Ukraine in 2005–2007 and 2009–2013, but its level in 2008 and 2014–2016 was unsatisfactory. Prospects for future researches in this direction are improvement of scientific-methodical approaches to the assessment of financial security of the country and determination of ways and directions of increase of the level of financial security.
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spelling doaj.art-b50d52365ab94aa2905b75c6ef5dea492022-12-21T19:07:53ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-03-013482155161Assessing the Country’s Financial SecurityKremen Viktoriia M.0Bochkarova Tetiana О.1Candidate of Sciences (Economics), Associate Professor, Department of Finance, Banking and Insurance, Sumy State UniversityGraduate Student, Sumy State UniversityThe article is aimed at assessing the level of financial security of Ukraine, using the instrumentarium for calculating the integrated indicators for each component, during the period from 2005 to 2016. As result of the research, a significant decrease in the level of banking security, security of the non-banking financial sector, as well as debt and budget security have been identified. There was also an unsatisfactory level of foreign exchange security during 2008–2010 and 2015, while in the course of 2006–2007, 2011–2012, in 2014 and 2016, the level was average. The integral indicator of monetary security during the researched period did not exceed the mark of 0,4 points, that is, its level did not reach even the average. In general we can note the average level of financial security in Ukraine in 2005–2007 and 2009–2013, but its level in 2008 and 2014–2016 was unsatisfactory. Prospects for future researches in this direction are improvement of scientific-methodical approaches to the assessment of financial security of the country and determination of ways and directions of increase of the level of financial security.http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-155_161.pdffinancial securitycomponents of financial securityfinancial security indicators
spellingShingle Kremen Viktoriia M.
Bochkarova Tetiana О.
Assessing the Country’s Financial Security
Bìznes Inform
financial security
components of financial security
financial security indicators
title Assessing the Country’s Financial Security
title_full Assessing the Country’s Financial Security
title_fullStr Assessing the Country’s Financial Security
title_full_unstemmed Assessing the Country’s Financial Security
title_short Assessing the Country’s Financial Security
title_sort assessing the country s financial security
topic financial security
components of financial security
financial security indicators
url http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-155_161.pdf
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