UDK: 336.71

Mykola H. DMYTRENKO

Candidate of Science in Economics, Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Julia V. ZHEZHERUN

Candidate of Science in Economics, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

THE IMPACT OF FOREIGN CAPITAL ON THE DEVELOPMENT OF THE UKRAINIAN BANKING SECTOR

The article investigates the share of foreign capital in the Ukrainian banking sector, analyzes its structure; the issues of the influence of foreign capital on the development of the domestic banking sector have been considered herein; the factors that contribute to the withdrawal of foreign capital from the domestic banking sector have been revealed. The author proposes measures aimed at protecting of national interests in the banking sector and supporting of the stability of the financial system as a whole.

Full Article in Ukrainian

UDK: 336.743 – 021.131

Ganna T. KARCHEVA

Doctor of Science in Economics, Associate Professor, Institute of Master and Postgraduate Education of the University of Banking of the National Bank of Ukraine (Kyiv)

Stanislav M. NIKITCHUK

Institute of Master and Postgraduate Education of the University of Banking of the National Bank of Ukraine (Kyiv)

INNOVATIVE VIRTUAL CURRENCY AS A CURRENCY OF THE FUTURE

The article deals with virtual currencies as a form of electronic money and their role in the information economy, comparison of basic types and virtual currencies and possible threats associated with their use. Defined the ways of impact of the virtual exchange on the stability of the financial system and a global perspective.

Full Article in Ukrainian

UDK: 330.131.7:336.77

Kateryna L. LARIONOVA

Candidate of Science in Economics, Khmelnytsky National University

Vitalii A. VIDLATSKYI

Khmelnytsky National University

THEORETICAL ASPECTS OF THE DEFINITIONS INTERBANK CREDIT MARKET AND IT'S CURRENT SITUATION IN UKRAINE

In this article is theoretically grounded: the essence of the interbank lending market and its determination of the positions of system approach. The current state of the market of interbank loans in Ukraine. The necessity of developing effective measures to improve the functioning of the interbank credit market in Ukraine.

Full Article in Ukrainian

UDK: 330.131.7:336.71

Kateryna L. LARIONOVA

Candidate of Science in Economics, Khmelnytsky National University

Viktoriia M. ROMANOVSKA

Khmelnytsky National University

MECHANISMS OF CURRENCY RISK MANAGEMENT OF THE BANK

The article is devoted to developing the mechanism of currency risk management of the bank that will more effectively manage risk, reduce the threat of their occurrence and minimize them if necessary to help ensure the stability of income and to increase the financial stability of the bank.

Full Article in Ukrainian

UDK: 336.71

Galina V. MYSKIV

Candidate of Science in Economics, Associate Professor, Institute of Masters and Postgraduate Education of University of Banking of the National Bank of Ukraine

THE CREDITS FROM INTERNATIONAL FINANCIAL ORGANIZATIONS IN UKRAINE ECONOMY

This article explores the credit activity of leading international financial institutions in Ukraine. The author analyzed the dynamics of Ukraine issued loans from international organizations and tried to investigate their effectiveness. As a result, identified the positive and negative aspects of cooperation with international creditors.

Full Article in Ukrainian

UDK: 330.341:339.13; 334.012; 334.7; 336.77; 338.33

Sergey L. MYKHAILUTA

Candidate of Technical Science, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

LOAN INTEREST RATES AS A TOOL OF NON-FORCE ECONOMIC MANAGEMENT OF THE COUNTRIE

Authors is proved that a credit bank percent is the instrument of unpower management of country economy, investigated influence credit bank to the percent on the standard of living and on the level of economic development of countries.

Full Article in Ukrainian

UDK: 336.717:339.137.2

Maria H. MINCENKO

Candidate of Science in Economics, State higher educational institution «Ukrainian Academy of Banking of the National Bank of Ukraine»

CONCEPTUAL BASES FORMATION COMPETITIVENESS OF BANKING MANAGEMENT

In the article studies the conceptual foundations of competitiveness management banking services in its complex: from the viewpoint of structural and process approaches, the system of competitiveness management banking services is constructed and its elements are determined.

Full Article in Ukrainian

UDK: 336. 741. 242

Oleksii Yu. MIROSHNIK

Candidate of Science in Economics, University of Banking of the National Bank of Ukraine (Kyiv)

FEATURES OF INFLATIONARY TARGETING USAGE, AS RATE OF MONETARY POLICY OF THE CENTRAL BANK

The article dials with main features of inflationary targeting usage are analyzed, positive and negative features of specified regime and its implementation are defined.

Full Article in Ukrainian

UDK: 336.717.061

Volodymyr I. MISHCHENKO

Doctor of Science in Economics, Professor, National Bank of Ukraine

Svitlana V. MISHCHENKO

Doctor of Science in Economics, Associate Professor, University of Banking of the National Bank of Ukraine (Kyiv)

THE MENEGEMENT OF CREDIT RISK THROUGH IMPROVEMENT THE COLLETERAL OF BANK LOANS

The current stage of the credit market Ukraine is characterized by systemic imbalance. These disparities has adversely affected on the stability of the banking system and hinder economic development. The article describes the main problems hampering lending to the economy, developed and suggestions to stimulate the credit process. The system of measures for improving of credit climate, the introduction of more demanding criteria for lending are offered.

Full Article in Ukrainian

UDK: 336.71.078.3

Mariia P. MOHYLNYTSKA

Candidate of Science in Economics, Lviv Institute of Banking of the University of Banking of the National Bank of Ukraine

Christina B. VOROBETS

University of Banking of the National Bank of Ukraine

LEGAL AND ORGANIZATIONAL PROBLEM SUPERVISION OF BANKING GROUPS IN UKRAINE

Indicators and analyzes trends in the banking system of Ukraine and singled out the main problems of regulation and control of banks and banking groups. Grounded shortcomings of the current legal, methodological and technical framework to implement consolidated supervision over the activities of banking groups. We consider the organization of banking supervision of banking groups and suggests areas of improvement.

Full Article in Ukrainian

UDK: 336.77

Nadiya V. ROGOZHNIKOVA

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

PECULIARITIES OF APPLYING STATISTICAL MODELS AND METHODS FOR EVALUATING BANKING ACTIVITIES

The article deals with the need for statistical evaluation of the functioning of banks, proportionality of relationships, defining trends of their development for the purpose of information and analytical support of full integration of Ukraine’s banking system into international economy.

Full Article in Ukrainian

UDK: 339.74.01(100)

Olga I. STYRSKA

University of Banking of the National Bank of Ukraine (Kyiv)

THE WORLD MONETARY SYSTEM: A THEORETICAL ASPECT

The article reveals the essence of the concept of «world monetary system». Its functions, properties, components were investigated. The role of the dollar in the global monetary system was substantiated. Prospects of its transformation were identified.

Full Article in Ukrainian

UDK: 336,71:378.08

Myroslava Е. KHUTORNA

Candidate of Economics, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Vladyslav V. GELEVERYA

Cherkassy Banking Institute of the Banking University of the National Bank of Ukraine

THE ORGANIZATION OF THE EFFECTIVE COMPLIANCE-CONTROL SYSTEM IN BANK

The economic content of the compliance process is researched. The author highlights the interconnection among operational, reputational and compliance-risks. The effective mechanism of the bank compliance-control realization is grounded.

Full Article in Ukrainian

UDK: 336.32

Hanna M. CHEPELIUK

Candidate of Economics, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Iryna V. TSYSTAN

Cherkasy Institute of Banking University of Banking of the National Bank of Ukraine (Kyiv)

BANK INVESTMENT CREDITING OF AGRICULTURAL ENTERPRISES IN UKRAINE

The current state bank investment crediting for agricultural enterprises and the main factors that affecting it, is considered. The recommendations for improve bank investment crediting of agricultural enterprises in Ukraine are formed.

Full Article in Ukrainian

UDK: 336.7

Volodymyr O. CHERNOMOR

University of Banking of the National Bank of Ukraine (Kyiv)

PARTICIPATION OF BANKS IN THE CARD PAYMENT SYSTEM: EVALUATION COSTS AND INCOMES

In modern conditions card payment systems have an important place in the retail business of Ukrainian banks. Participation in card payment systems is associated with considerable costs. Therefore, the optimal choice of payment system and its development strategy is an important precondition for the profitability of this activity. Therefore, the optimal choice, in terms of opportunities for bank payment system and its development strategy remains an important precondition for ensuring profitability of this business area. In the article are analyzed key costs associated with implementation of card payment systems in banks as well as sources of income from participation in card payment systems. In addition, the article provided an example of calculating the financial result of the bank’s participation in NSMEP, Visa and MasterCard.

Full Article in Ukrainian

UDK: 005.915:336.713

Oleksandr V. SHVARTS

Candidate of Science in Economics, SHEE «Vadim Hetman Kyiv National Economic University named after Vadym Hetman» (Kyiv)

ASSETS AND LIABILITIES MANAGEMENT IN BANK AS A FACTOR OF FINANCIAL STABILITY

The article considers the essence of the process of assets and liabilities management, examines the main goals of this process. The role of assets and liabilities management are substantiated to provide the financial stability of the bank.

Full Article in Ukrainian

UDK: 657.6:336.773

Olena L. BILIACHENKO

Candidate of Science in Economics, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the NBU (Kyiv)

Vasyl S. ZDRENYK

Candidate of Science in Economics, Ternopil National Economic University

PECULIARITIES OF CONTROL OVER REVENUES OF CREDIT UNIONS IN UKRAINE

The existing system of control over the activity of credit unions in Ukraine has been studied, which made it possible to outline the components of this system and describe the basic functions, efficiency and methodical techniques of carrying out control in general and control over revenues particularly in the context of internal and external subjects of control. Typical violations that occur in the process of recording revenues of credit unions have been researched, which allowed to improve methodical approaches to carrying out internal control over the revenues of credit unions in the part of determining the stages, sources of evidence and methods of control.

Full Article in Ukrainian

UDK: 336:369

Yaroslav V. DROBOT

Candidate of Science in Economics, Oles Honchar Dnipropetrovsk National University (Dnipropetrovsk)

Alina M. BORODENKO

Oles Honchar Dnipropetrovsk National University (Dnipropetrovsk)

PROBLEMS OF THE MANDATORY HEALTH INSURANCE IMPLEMENTATION IN UKRAINE AND MEASURES TO SOLVE THEM

This article proves the necessity of the restructuring the health care system in Ukraine by establishment of mandatory health insurance; and defines possible variants of its restructuring.

Full Article in Ukrainian

UDK: C40, G11, G17

Ghobadi MOHSEN

Isfahan University

Shajari HOUSHANG

PhD in Economic Science, Isfahan University, Iran

TECHNICAL ANALYSIS STRATEGY AND ABNORMAL RETURNS IN TEHRAN STOCK EXCHANGE (2008-2014)

Nowadays, with the great progress in financial science, one of the most common methods that investors use, to make investment decisions, is technical analysis strategy that uses price background knowledge and related data to forecast future prices. Generally, according to various opinions, there are three different methods for investing in stock: Fundamental analysis, technical analysis, buy and hold strategy. This study evaluates the profitability of technical analysis strategy in obtaining abnormal returns using RSI, MFI, CCI, MACD, RFI indicators. Therefore, trading signal returns done by these four has been evaluated. In this study, business data of all companies accepted in Tehran stock exchange were collected, and in the period “between 2007 to 2013” by deletion of those companies that lack the essential information, the exams of this study have been done on the basis of related data of 25 companies by referring to transaction costs. The results revealed the positive returns according to technical analysis and indicator returns of technical analysis is significantly more than Risk-free interest rate . According to the results, RSI, CCI, MACD, MFI have, in sequence, more returns and all their returns were more than Risk-free interest rate.

UDK: 336.76(477) (043.5)

Мaxim V. КОRNEIEV

Candidate of Science in Economics, Associate Professor, Ukrainian Academy of Banking of the National Bank of Ukraine

FINANCIAL RESOURCES AND THEIR IMBALANCE TRAFFIC UNDER PREVALENCE OF THE FINANCIAL SECTOR OVER THE REAL

In the article the features of financial resources and their motion in economy are certain. Principles of motion of financial resources in economy in the conditions of predominating of financial sector above the real are considered. From position of approach of the systems investigational process of finansialisation economy which stipulates the origin of disbalances of motion of financial resources. Certainly a role and task of policy is in the field of motion of financial resources in economy.

Full Article in Ukrainian

UDK: 336.732

Olga M. SHYNKARENKO

Candidate of Science in Economics, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Oksana S. SHVEDENKO

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

THE FEATURES OF FUNCTIONING OF CREDIT UNIONS AND THEIR PLACE IN FINANCIAL AND CREDIT SYSTEM

The article deals with the features of functioning of credit unions in financial services market. Considers the importance of the value of credit unions in the overall system of non-bank financial institutions. Analyzes basic indicators of their activity.

Full Article in Ukrainian

UDK: 657.422.2

Natalia I. HARAPKO

National University of Life and Environmental Sciences of Ukraine

THE METHODOLOGY OF THE ACCOUNTING COMPONENTS OF JOINT ACTIVITY WITHOUT CREATING A LEGAL ENTITY

The article is devoted to the issue of accounting of business transactions arising in the implementation of joint activities without establishing a legal entity. Peculiarities of organization of accounting identified and the tax effect of the exercise of such activity.

Full Article in Ukrainian

UDK: 657

Olena O. LAVROVA

University of Banking of the National Bank of Ukraine (Kyiv)

FEATURES OF INSURANCE AND THEIR IMPACT ON THE ACCOUNTING SYSTEM

It has discussed the specific features of insurance, which contribute any significant accounting and objects of financial statements; substantiated their relevance, materiality and necessity disclosure in this article.

Full Article in Ukrainian

UDK: 657:662.6/.9

Alla V. LEVYTSKA

Candidate of Science in Economics, Odessa National Polytechnic University

Maryna O. ANANSKA

Candidate of Science in Economics, Odessa National Polytechnic University

SAVING ENERGY RESOURCES AS A PART OF THE FINANCIAL RESULTS AND THE POSSIBILITY OF ITS REFLECTION IN ACCOUNTING

In the article the problems of energy resources savings reflecting in accounting are considered. The analysis of the nature and place of energy resources saving as part of the financial results of the company is carried out. The proposals on accounting energy resources savings in the management accounting system are offered.

Full Article in Ukrainian

UDK: 657.6:006.32

Andrii M. LIUBENKO

Candidate of Science in Economics, Lviv Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

EVALUATION OF EFFECTIVENESS OF FINANCIAL CONTROL BASED ON STANDARDIZATION

The article considers the features of analytical evaluation of financial control through standardization. The author suggested approaches to assessing the effectiveness and efficiency audits of state financial control by INOSAI standards. The author proposed introducing of evaluation test results based on standardization will establish the causes of violations of budget legislation, to evaluate the quality of control and will improve the efficiency of state financial control.

Full Article in Ukrainian

UDK: 657.1

Zoriana Yu. MELNIK

National University of Life and Environmental Sciences of Ukraine

FALSIFICATION LIKE A WAY OF CREATIVE ACCOUNTING

The paper investigates the concept of “creative accounting” conditions of its emergence and implementation. There is defined negative and positive influence on the formation of accounting policy. Methods and reasons for the use of creative accounting and manipulation of financial statements are separated. There are grounded objects, by which is often used creative accounting.

Full Article in Ukrainian

UDK: 657

Oleksiy О. DRUHOV

Doctor of Science in Economics, Professor, Lviv Institute of Banking of University of Banking of the National Bank of Ukraine

Natalia A. OSTAPIUK

Doctor of Science in Economics, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Valeriia V. KAMENETSKA

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

COMBINATION OF ACCOUNTING AND TAX ACCOUNTING IN UKRAINE

This article examines the role of accounting in enterprise management. Determined nature and causes of the tax debt. Analyzed the transformations occurring in the accounting system in the independent Ukraine. In addition, the analysis of manifestation to create an integrated system. The author suggested ways to improve further the implementation of IFRS and improving legislation. Recommendations regarding the possibility of creating an integrated accounting system in Ukraine.

Full Article in Ukrainian

UDK: 336.14

Anna I. STARUKH

Lviv State Academy of Finance

MULTIFACTOR MODEL CONSTRUCTION OF BUDGET INFRINGEMENT DEPENDENCE

This article is devoted to calculation and construction of multivariable regression models of dependency of the scope of budget violations and ineffective use of budget resources from impacts. Also, is carried out the forecast of budget violations for the next period. The results of the study are presented in conclusions and suggestions.

Full Article in Ukrainian

UDK: 35.078.3

Oleg A. SHEVCHUK

Doctor of Science in Economics, Associate Professor, University of Banking of the National Bank of Ukraine (Kyiv)

NATURE OF FINANCIAL CONTROL

This article explores approaches to understanding the nature of financial control and its role in the modern economy. Organizational and economic sense Audit invited to consider the three methodological positions: economic category; complex function and integral part of management and self-management process and integrated system. Based on the research the authors' definition of financial control.

Full Article in Ukrainian

UDK: 336.71

Yuliia P. GALUSHKO

Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

THEORETICAL GENERALIZATION OF BASIC SCIENTIFIC APPROACHES TO DETERMINING THE NATURE OF MONETARY POLICY

The article investigates issues that form the theoretical basis category of “monetary policy”. They carried out the systematization of definitions of monetary policy, which is most common in science. It is distinguished two main views on monetary policy and found that in modern economic literature there is no single approach to the nature of monetary policy. Having regard to the interpretation, the given scientists term “monetary policy” despite the presence of broad and narrow approaches to understanding, we establish the definition of the economic category.

Full Article in Ukrainian

UDK: 330.341.2

Viktoriia I. HUNKO

Candidate of Economics, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

ANALYSIS AND PROSPECTS OF DEVELOPMENT OF THE INSTITUTIONAL BUSINESS ENVIRONMENT IN UKRAINE

It defines the essence of entrepreneurship and the need for the development of the business environment. Analyzed the main economic indicators of development of entrepreneurship in Ukraine. Identify barriers to business development, namely high interest rates on loans, low level of funding, shortage of working capital, high level of taxation. Recommendations for national and regional governments to improve institutional entrepreneurial environment.

Full Article in Ukrainian

UDK: 330.837

Robert F. PUSTOVIYT

Doctor of Economics, Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

THE THEORY OF CORRUPTION IN THE KLEPTOCRATIC ECONOMY

The nature of corruption as a fundamental factor of kleptocratic economy is investigated. Theoretical models of corrupt behavior are analyzed on the base of theoretical conceptions of monopolistic and oligopolistic markets. Factors of the corrupt influence on the functioning of the kleptocratic type of the economic system are determined.

Full Article in Ukrainian

UDK: 336.14:352

Stanislav V. ALFYOROV

State Higher Educational Institution ‘Ukrainian Academy of Banking of The National Bank of Ukraine’

THE ROLE OF LOCAL BUDGET IN THE SOCIO-ECONOMIC DEVELOPMENT OF LOCAL COMMUNITIES

This paper analyzes the concept of budget development, identified the major problems of its formation and the main problems that exist at present. Also, the analysis of the development budget territorial community of Sumy city.

Full Article in Ukrainian

UDK: 336.14:330.131.7

Yevgenii O. BALATSKYI

Doctor of Science in Economics, Associate Professor, State Higher Educational Institution “Ukrainian Academy of Banking of the National Bank of Ukraine”

Sviatoslav O. SHPITSHLUZ

State Higher Educational Institution “Ukrainian Academy of Banking of the National Bank of Ukraine”

BUDGETARY RISKS AS DESTABILIZER OF FINANCIAL SECURITY OF THE REGIONAL BUDGET

In times of instability states, regions, districts, cities and other settlements in the preparation, approval and implementation of the budget has financial risks. The disparity between revenue and expenditure side of the budget deficit transfers in the form of grants, subsidies and subsidies entail budgetary risks and raises the question of financial security budgets. Of particular importance and interest is the question of budget risks that affect the financial security of the region and their identification, assessment and management.

Full Article in Ukrainian

UDK: 336.1

Liubov V. CHERNIAVSKA

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

THE NATURE AND ESSENCE OF THE STATE FINANCIAL CONTROL

The article is devoted to research of concept of the state financial control. System of organs which have plenary powers in the field of the state financial control examined also. An author draws conclusion the new release of the Law of Ukraine «On government control auditing service in Ukraine» conflicts with the nature of state financial control, because the law determines the exclusive organ of state financial control – the State financial inspection of Ukraine. This predetermines a requirement of the next updating legislation about the state financial control in Ukraine.

Full Article in Ukrainian

UDK: 330.332:338.43:504.03

Olha M. VYSHNEVSKA

Doctor of Science in Economics, Professor, Mykolayiv National Agrarian University

Iryna V. SHEVCHENKO

Mykolaiv National Agrarian University

INVESTMENTS IN AGRARIAN SECTOR IS A GUARANTEE BACKGROUND OF THE STATE ENVIRONMENTAL SAFETY

The article describes the theoretical basis and the components of environmental safety. The level of ecological and natural-technogenic safety of Ukrainian regions are investigated. The level of investment in the agrarian sector and the industrial share in GDP’s formation is analyzed. The role of the basic premises and investment in the agrarian sector of the economy is defined.

Full Article in Ukrainian

UDK: 330.3:332.05:338.1

Mykola A. VOZNYUK

Candidate of Science in Economics, Associate Professor, Lviv Institute of Banking of the University of Banking of the National Bank of Ukraine

TRENDS OF LVIV REGION INNOVATIVE DEVELOPMENT IN THE CONTEXT OF ITS ECONOMY ENERGY-EFFICIENT OPERATION

The subject of the research is the development of Lviv region innovative potential. This article explores the essence and the need for innovative potential development in the region. Structural components of the innovation potential of the region are described: the scientific and technical potential; marketing component; innovative culture. The statistical analysis of the main indicators of Lviv region innovation areas is carried out: analysis of innovation in the enterprises; introduction of innovations; sources of funding; sales of innovative products; research activities; structure of scientific research; costs of R & D activities. SWOT-analysis matrix of Lviv region innovative potential in terms of energy conservation in the context of its components is formed.

Full Article in Ukrainian

UDK: 330.322:339.924:339.727.22

Halyna V. DURYTSKA

Candidate of Science in Economics, Lviv Institute of Banking, University of Banking of the National Bank of Ukraine

INVESTMENT AND INNOVATION SECURITY IN THE CONTEXT OF TRANSNATIONALIZATION

The concept of investment and innovation security is revealed, transnationalization’s actual and potential impact on investment and innovation security is analyzed, main threats to investment and innovation security of Ukraine at the present stage are determined, the priorities in strengthening this type of economic security are outlined.

Full Article in Ukrainian

UDK: 339.92:330.341.1

Viktoriia A. KRASNOMOVETS

Candidate of Science in Economics, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Alina M. PROSHCHALYKINA

Candidate of Science in Economics, Cherkasy National University named after Bogdan Khmelnitsky

THE PARTICIPATION OF UKRAINE IN THE PROCESSES OF INTERNATIONAL TECHNOLOGY TRANSFER IN THE CONTEXT OF PROVIDING COMPETITATIVE ADVANTAGES

Specific of Ukrainian participation in the international transfer of technologies is educed, that consists, from one side, in inadequately subzero part in the world market of technologies and, from other, in absence of purposeful actions for activation of innovative activity. The basic indexes of participation of Ukraine in the international transfer of technologies are analysed. Basic factors that prevent to strengthening of native economies integration of in the world markets of technologies are certain. The suggestions for intensifications of technologies transfer in Ukraine are defined, that is incorporated in normatively-legal, economic and organizational groups.

Full Article in Ukrainian

UDK: 304.4: 336(3)

Inna O. DOTSENKO

Candidate of Science in Economics, Khmelnytsk national university

Ruslana S. KUKURICHKO

Khmelnytsk national university

FOREIGN EXPERIENCE FINANCIAL SOCIAL PROTECTION OF POPULATION

In the article basic aspects are considered in functioning of constituents of social politics of foreign countries, tendencies are educed and generalized in relation to modern directions of development and reformation. The mechanisms of financing of the system of public welfare are reflected foreign countries, their structure is considered on the example of certain countries.

Full Article in Ukrainian

UDK: 331.108.26

Katerina S. KALYNETS

Lviv Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

THE STAFF-MANAGEMENT STRATEGY IN MODERN CONDITIONS OF DEVELOPMENT ORGANIZATION

The article analyzes the strategic opportunities of organizations through the prism of political, economic and social instability. The analysis of labor market dynamics. The main trends and opportunities formation of strategy management personnel in modern conditions of development organizations.

Full Article in Ukrainian

UDK: [336.02 : 339.924] (477)

Olga V. LIUTA

Candidate of Science in Economics, Ukrainian Academy of Banking of the National Bank of Ukraine

Nataliia G. PIHUL

Candidate of Science in Economics, Ukrainian Academy of Banking of the National Bank of Ukraine

THE DEVELOPMENT OF SOCIAL SPHERE IN UKRAINE IN THE CONDITIONS OF EUROPEAN INTEGRATION PROCESS

The specificity of the social sphere in Ukraine in the context of European integration processes is considered in the article. The comparative characteristic of some socio-economic indicators of Ukraine and EU member countries is shown in the issue. The basic models of welfare states, their differences and peculiarities of financing are researched. Authors characterized the main features of the national model of social policy and determined the main directions of its further development.

Full Article in Ukrainian

UDK: 336.77.067-022.53:364-3:061.1

Anastasiia A. SVYNCHUK

Kyiv National Economic University named after Vadym Hetman

MICROCREDIT OF SOCIAL ENTERPRISES IN UKRAINE: STATE AND DEVELOPMENT PROSPECTS

This article explores the current state of the development of microcredit market of traditional businesses and social enterprises. Major problems of microcredit of social enterprises in Ukraine are determined and the ways of their solution are suggested.

Full Article in Ukrainian

UDK: 331.108

Dmytro L. TSYHANYUK

Candidate of Science in Economics, Ukrainian Academy of Banking of the National Bank of Ukraine

STRATEGIC MANAGEMENT OF SOFT-SKILLS DEVELOPMENT AS METHOD OF BANK STUFF’S LABOR MOTIVATION

This article grounds growing importance of strategic management of «Soft Skills» development and its relationship with the motivation of bank staff. It is proved that today «Soft Skills» are more important for increasing the efficiency of bank sales than «Hard Skills», which is caused by current trends in the development of banking software for both internal and for external use. Based on the results of own research and studies of foreign scholars author proposed strategic purposes of «Soft Skills» development in domestic banks.

Full Article in Ukrainian

UDK: 338.4

Oleksandr V. DOROVSKYI

Candidate of Science in Economics, Associate Professor, Research Centre of Industrial Problems of Development of NAS of Ukraine

METHODICAL APPROACH TO EVALUATING THE COMPETITIVENESS OF THE PHARMACEUTICAL INDUSTRY

In the article the issue of evaluating the competitiveness of the pharmaceutical industry in Ukraine is considered. After analyzing the existing methodical approaches to evaluating the competitiveness, absence of a uniform approach to evaluating the competitiveness of the economy sectors has been determined. A methodical approach to evaluating the competitiveness of the pharmaceutical industry has been proposed, which, in the process of the overall evaluation of its level, makes use of the integral indicator, calculated in consideration of the substantiated critical threshold values of partial indicators. On the basis of the proposed approach, an integrated evaluation of competitiveness of the pharmaceutical industry has been accomplished, a dynamic analysis of the constituents and partial indicators has been conducted. Using the SW-analysis, problem areas in development of the pharmaceutical industry of the country has been identified.

Full Article in Ukrainian

UDK: 658.153

Hanna A. IVASHCHENKO

Candidate of Science in Economics, Kharkiv national University of Economics

Maryna O. KIPA

Candidate of Science in Economics, Kharkiv national University of Economics

MANAGEMENT OF FINANCIAL RESOURCES IN THE DOMESTIC DAIRY ENTERPRISES

The system of indicators of efficiency of management of financial resources based on the resource-functional approach. Conducted gradation levels according to the criterion of efficiency of financial resources management. The analysis of the “migration” dairy enterprises clusters allowed to differentiate the enterprise on which strategic, tactical and operational management of financial resources.

Full Article in Ukrainian

UDK: 336.

Alla H. IVASHCHENKO

Candidate of Science in Economics, Odessa National Polytechnic University

PROCESS APPROACH TO MANAGEMENT AS A PREREQUISITE FOR IMPROVING THE COMPETITIVENESS OF THE INDUSTRIAL ENTERPRISE

In the article the questions of the impact of the application of the process approach to company management at the level of its competitiveness. The necessity of introduction of the process approach to the organization of production and business management, to optimize the system of its general corporate management, to make it clear to management and the ability to respond flexibly to changes in the environment that, in turn, will lead to the improvement of production and more efficient use material, financial and human resources of the enterprise.

Full Article in Ukrainian

UDK: 332.3:504.54

Olga A. LITVAK

Mykolaiv National Agrarian University

ECOLOGICAL BALANCE OF AGRONOMY LANDSCAPE IN THE REGION

The article addresses status and features of agronomy landscape development throughout the region. Anthropogenic factors detrimental to agronomy landscapes ecological balance have been identified. Measures have been suggested to introduce the cultivated terrain and environment management system for farmlands of the region.

Full Article in Ukrainian

UDK: 316.346.2-055.2:334.74

Nataliia Yu. OLIINYK

Candidate of Political Sciences, Lviv Institute of Banking the University of Banking of the National Bank of Ukraine

WOMEN'S ENTREPRENEURSHIP IN UKRAINE: FEATURES AND PROSPECTS

The article analyzes the features of women’s entrepreneurship in Ukraine. The research has revealed the characteristics, types and forms of female entrepreneurship. Main reasons of women’s entrepreneurship, its barriers and obstacles are identified. The causes of need to promote women’s entrepreneurship are grounded. And as a result the way to achieve it through the women’s unification in trade unions or business associations is offered.

Full Article in Ukrainian

UDK: 658:338.363(477)

Valeriia О. SUPRUN

Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine

MODELS OF CRISIS MANAGEMENT ENGINEERING COMPANY IN CONDITIONS OF PROLONGED ECONOMIC CRISIS

The necessity of creating a crisis management system at an engineering company that provides diagnostics of bankruptcy in its early stages in order to eliminate the threat thereof. The features of crisis management at the enterprises of machine-building industry in the conditions of the crisis. The essence of crisis management elements that are relevant today and are used in the leading industrial enterprises in the world.

Full Article in Ukrainian