Modern Cooperation Between Ukraine and the IMF: Dynamics, Trends and Problems
Abstract
Methodology – To achieve this, the analysis of data presented in the period 1994–2016 at IMF official website, the Ministry of Finance of Ukraine and the National Bank was undertaken. Some key documents of IMF were also taken into consideration.
Findings – The authors examined the indicators of lending activity between the IMF and Ukraine and identified the positive and negative impact of it on the national economy. In addition, the authors emphasize the problems that accompany loans for Ukraine and propose the ways to increase efficiency
Originality/Value – The paper presents role of IMF in effective development of the country, potential opportunities and threats, and emerging trends.
Paper classification – Research paper.
Schlagworte
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Condition of Ukraine’s Economy. Cabinet of Ministers of Ukraine. Retrieved February 4, 2015 from: http://www.kmu.gov.ua/control/ uk/publish/article?art_id=247169548
International rating agency Fitch Ratings confirmed the CCC. Retrieved November 6, 2016 from: http://tsn.ua/groshi/fitch-pidtverdilo-dovgostrokoviy-reyting-ukrayini-na-rivni-sss-cherez-vidsutnist-progresu-v-reformah-648217.html
Official website of the IMF. Retrieved November 6, 2016 from: http://www.imf.org/external/np/ fin/tad/extrans1.aspx?memberKey1=993&endDate=2014-12-12&finposition _flag=YES
Press Release: IMF Executive Board Approves 2-Year US$17.01 Billion Stand-By Arrangement for Ukraine, US$3.19 Billion for immediate Disbursement14/189. Retrieved April 30, 2014 from: http://www.imf.org/external/np/sec/pr/2014/pr14189.htm
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Ukraina: Lyst pro namiry (Ukraine: Letter of Intent). National Bank of Ukraine. Retrieved November 25, 2016 from: http://www.bank.gov.ua/doccatalog/document?id=20163929
Vidomosti Verkhovna Rada of Ukraine (1992). About Ukraine’s accession to the International Monetary Fund, the International Bank for Reconstruction and Development, International Finance Corporation, the International Development Association and the Multilateral Investment Guarantee Agency. Law of Ukraine, 3 June, № 2402-XII// (VVR), No. 33, р. 474.
DOI: http://dx.doi.org/10.17951/ijsr.2016.5.0.155
Date of publication: 2017-05-23 10:49:45
Date of submission: 2017-05-23 10:46:54
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