ANALYSIS OF THE FINANCIAL CRISIS IN UKRAINE

Abstract

The article considers the main aspects of the impact of the financial crisis on the national economy. The causes of the financial crisis are studied, which include: political instability and military aggression by russia, devaluation of the hryvnia and inflation, a decrease in investment and capital outflow, a fall in GDP and an increase in unemployment, foreign debt and budget deficit. The authors thoroughly analyzed the consequences of the financial crisis in Ukraine, provided statistical data of the main macroeconomic indicators, namely: inflation, nominal GDP of Ukraine, national debt, volume of international reserves, wages, pensions, budget deficit, unemployment. Directions for eliminating the consequences of crisis phenomena are proposed. Ukraine has the potential to overcome the crisis and build a prosperous economy.

Keywords

• financial crisis
• diagnosis
• economic growth
• financial risks
• macroeconomic indicators
• financial assistance