PhD in Economics, Professor, Professor of Finance, Accounting and Audit Department of Kharkiv Institute of Trade and Economics of Kyiv National University of Trade and Economics
PhD in Economics, Associate Professor, Head of Finance and Accounting Department of Kharkiv National Pedagogic University called after Hr. Skovoroda
Senior Lecturer of the Finance, Accounting and Audit Department of Kharkiv Institute of Trade and Economics of Kyiv National University of Trade and Economics
FINANCIAL AND CREDIT INSTRUMENTS OF ECONOMIC GROWTH IN UKRAINE
Background. The article presents financial and credit instruments that are the most tested in the market economic systems and are essential to the effective functioning of the national economy.
The aim of the article is a study of methodological principles relevant and effective for the current stage of development of Ukraine financial and credit instruments of transition to the stage of recovery.
Materials and methods. The information base of the article is academic research of foreign and domestic authors, official online publication on the state and trends of stabilization using instruments of state policy. Fundamental theory of fiscal and monetary economy in crisis formed the methodological basis of research.
Results. Current problems of effective use of financial and credit instruments of state policy from the standpoint of theoretical and methodological content and practical implementation to revive the economy of Ukraine at the present stage of development have been analysed. Recommendations for their more complete and comprehensive use to overcome the consequences of the current financial crisis have been formulated.
Conclusion. The main scientific and practical problems of government regulation should be put into the plane of the impact on consumption and investment. It is advisable to supplement the stabilization of financial and credit mechanism with the supply and consumption models.
Keywords: financial crisis, economic cycle, consumption, financial and credit instruments, financial and credit regulation, credit, fiscal policy.
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