Bìznes Inform (Dec 2017)

The Policy in the Sphere of Public Debt in the Face of Global Economic Crisis

  • Teres Yuliya S.

Journal volume & issue
Vol. 12, no. 479
pp. 370 – 374

Abstract

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The fundamentals of formation of the State debt policy under the influence of the global economic crisis were considered. It has been determined that the debt policy in Ukraine does not take into consideration the systemic influence of the internal and external factors, which represent significant risks for the country’s financial system. The level of debt burden on the economy of Ukraine necessitates further scientific research with the purpose of formation of an efficient economic and financial policy. The influence of Ukraine’s cooperation in the sphere of public debt with international financial organizations in the conditions of crisis has been characterized. The main factors of existence of the public debt in foreign currency and the tendencies of development of the world economy in the future have been defined. The macroeconomic factors of influence on the debt sphere of the certain low-income countries were researched. The principles of debt policy in the conditions of the global economic crisis and aggravation of economic challenges have been formulated.

Keywords