Debt Sustainability of Ukraine: Status, Problems and Policy

Problemi Ekonomiki

Mytrofanova Anastasiia S.¹ 

[1] Candidate of Sciences (Economics), Senior Lecturer, Department of General Economic Theory, National Technical University «Kharkiv Polytechnic Institute»;

关键词: debt sustainability;    state debt;    state budget deficit;    debt sustainability indicators;    debt sustainability management;   

DOI  :  

来源: DOAJ

【 摘 要 】

The aim of the article is a comprehensive analysis of indicators and disclosure of problems of debt sustainability of Ukraine, as well as the formulation of recommendations for its management. There built a system of indicators for debt sustainability analysis consisting of the following elements: indicators of the status, structure and dynamics of the state debt; indicators of the state debt servicing; indicators of the state debt factors; indicators of the debt burden forecast. Based on the calculation and analysis of the indicators, a conclusion is drawn on the deepening of the debt crisis in Ukraine, which is manifested in the excess of normative values of the indicators of status, structure and dynamics of the state debt. The reasons for the aggravation of the debt crisis in Ukraine are revealed and divided into three groups: objective historical, socioeconomic and subjective-institutional ones. Based on the analysis of trends in the sphere of violation of debt sustainability, there defined main problems of debt sustainability management, which form three groups: socio-economic problems; problems in the sphere of public administration; negative impact of related debt factors. In addition, risks and threats of deepening the debt burden are identified. Based on the analysis of these problems, a system of recommendations on the state policy of managing debt sustainability is built, including operational, tactical and strategic measures and reflecting the interrelated action of instruments of fiscal, monetary, investment, foreign trade and other economic policies of the state.

【 授权许可】

Unknown