UDK: 338.24.01

Maria Y. DMYTRENKO

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

Mykola М. SVICHYNSKY

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

POST - CRISIS PHILOSOPHY OF GLOBAL ECONOMY DEVELOPMENT: TRANSFORMATION VECTORS

Current state of the global economy is examined in the context of changes of its philosophy in the middle of economic theory and their influence on passing to the new platform of post-crisis economic development that envisages recognition of economic efficiency dependence on the world view bases of human existence. It is a structural axis, round which renewal of autonomy, solidarity and subsidiarity of a man as the greatest social value, his rights of equality before the law, society and the state as motivations of the effective functioning of global economy are being revolved.

UDK: 330.322:622.7

Volodymyr V. ZHUK

Krivorozhsky National University

EVALUATION OF THE ENTERPRISE FINANCIAL CONDITION TO ATTRACT INVESTMENTS FOR INCREASING THE COMPETITIVENESS OF MINING ENTERPRISES IN REGION OF KRYVYI RIH

The conditions ensuring a high level of enterprises competitiveness are considered, the necessity of investment resources to improve competitive position is grounded, assessment methods of appropriate investment are presented.

UDK: 316.334.55(476)

Oksana S. NOSKOVA

PhD in Public Administration, Academy of Administration under the President of the Republic of Belarus

RURAL AREAS DEVELOPMENT IN THE EUROPEAN UNION: THE BASIC ELEMENTS AND APPROACHES, ADAPTING TO BELORUSSIAN CONDITIONS

The basic approaches to rural development are considered, features and basic elements of rural development models are defined. Science-to-practice recommendations concerning to the development of rural economy branches are worked out, priority directions of rural employment development in Belarus are revealed.

UDK: 336.71

Nataliya M. PANTIELIEIEVA

Ph.D. in Technical Sciences, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

REFORMING OF THE INTERNATIONAL EXCHANGE SYSTEM UNDER CONDITIONS OF NEW FINANCIAL ARCHITECTURE FORMATION

Modern tendencies in reforming the international exchange system under conditions of new financial architecture formation are examined in the article. The research deals with structural principles of exchange system, that are defined as main reforming directions, by the characteristics of stability, effectiveness, symmetry and realization ability. The initiatives concerning the process of dedollarization, return to gold standard, creation of single supranational currency and multicurrency standard are considered. The role of Central banks in reforming national exchange mechanisms is defined.

Inna Y. KOCHUMA

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

Khuan MINZHUN

National Aviation University

STATE AND PERSPECTIVES OF USING THE INDUSTRIAL PROPERTY OBJECTS IN PRC AND UKRAINE

This article deals with the comparative characteristics of using the industrial property objects in PRC and Ukraine; the necessity of improving its legislation ensuring is highlighted.

UDK: 330.35:330.341.1

Natalia V. TUVAKOVA

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

RETROSPECTIVE ANALYSIS OF INNOVATIVE MODELS OF ECONOMIC GROWTH

In the article the analysis of classical and neoclassical theories of economic growth is carried out and the factors that allow adapting them to the modern conditions are defined.

UDK: 336.71.078.3

Serhiy V. BASHLAI

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

BANK SUPERVISION TOOLS ON A CONSOLIDATED BASIS

Application of the supervision tools on a consolidated basis must provide a proper analysis of the structure and contents of the banking group, the evaluation of the financial state of banks-participants of the Group and the level of risk. Appropriate changes in legislation have underpinned certain influence of the NBU on the activities of banks, equity, quality, liquidity, the level of risk. The results of the study of international legislation and practices are cited in the article. Economic and legal conditions of domestic reality and the systematic study of scientific achievements in effective banking supervision are defined. These aspects laid the foundation for defining scientific-methodological fundamentals of the substance and application of the consolidated character tools as the logical continuation of the risk-oriented supervision system formation in Ukraine’s banking sector.

UDK: 004.021, 004.27

Khrystyna O. ZASADNA

PhD in Physical and Mathematical Sciences, Associate Professor, Lviv Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

MANAGEMENT STANDARDS OF BANK INFORMATION SECURITY

This article discusses interpretations of the term ‘bank information security’. It also emphasizes the importance of standardizing the sphere of information security in Ukrainian banks based on international information security standards.

UDK: 336.7

Myroslava Е. LYUZNYAK

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

Nataliya O. STEFANCHUK

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

BANKING PRODUCT QUALITY: ECONOMIC CONTENT AND PRACTICE OF FORMING

Actual problems of banking establishments’ activities in a competitive market are defined. Critical analysis of banking practice concerning the approaches to banking services quality management in the context of banking business efficiency improvement is conducted. Contents of the category “banking product quality” are investigated from the standpoint of the customer and the bank.

UDK: 336.71:336.77(100)

Nataliya G. SLAVYANS’KA

Candidate of Economics, Associate Professor, National Bank of Ukraine

WORLD EXPERIENCE OF MONITORING OF BANK LENDING CONDITIONS

In this paper the global experience of central banks sample surveys of bank lending conditions is analyzed.

UDK: 336.67:657

Olena O. GONCHARENKO

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

Igor O. DZEMISHKEVYCH

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

PECULIARITIES OF CREDIT UNIONS REPORTING FORMATION

The peculiarities of credit unions reporting formation are exposed in the article and reasonable suggestions for improving this process are made. The comparison of post-Soviet Union legislation according to this issue is made. Thus, with the purpose of harmonization and standardization of accounting and reporting the international standards application by credit unions are grounded.

UDK: 368 (477)

Volodymyr Y. PLYSA

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

THE STRATEGY OF POST-CRISIS DEVELOPMENT OF INSURANCE MARKET IN UKRAINE

The choice of way of subsequent insurance market development can be opened out in the form of a few scenarios which answer on the maintenance the hope of those or other groups of entities of the national insurance system. Ideal, which satisfies all groups of entities of the insurance system of strategy of development, does not exist; at every variant, from the point of view all interested parties, there are not only pluses but also minuses. Two key strategies are selected: «Inertia insurance market post-crisis development», «Modernization of insurance market».

UDK: 368

Nataliya V. TKACHENKO

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

ADVANTAGES AND RISKS OF USING THE OUTSOURCING IN THE ACTIVITY OF INSURANCE COMPANIES

The paper considers the nature, types of outsourcing and its importance in today's insurance business. On this basis, the potential benefits and risks of implementing outsourcing activities for insurers have been identified.

UDK: 330.356+330.43

Robert M. NIZHEGORODTSEV

Doctor of Economics, Institute of Control Sciences RAS (Moscow)

Nina P. GORIDKO

Consulting company expert, “Clever Point” (Moscow)

THE INFLATION IMPACT ON ECONOMIC GROWTH: THE EXPERIENCE OF REGRESSION ANALYSIS.

The paper is devoted to regressional modelling of relations between inflation and economic growth for series of countries with different economic dynamics. The obtained models prove the rampant fact that in most countries economic growth follows benign inflation, while higher inflation is able to brake it.

UDK: 330.46;519.86

Alexander V. PISKUN

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

FEATURES OF RECURRENT PLOTS AND RECURRENCE QUANTIFICATION ANALYSIS APPLICATION FOR RESEARCH OF FINANCIAL TIME SERIES

In article the theory and methods of the recurrence analysis are considered. Optimum values of input parameters and corresponding measures for the analysis of financial time series with the purpose of tool monitoring construction of the markets are defined.

UDK: 331.548

Inna Y. KOCHUMA

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

THE PRESENT STATE OF EMPLOYMENT AND UNEMPLOYMENT IN UKRAINE

In terms of financial and economic crisis and post-crisis period the employment and unemployment features and problems in Ukraine are analysed, the main measures to ensure full employment and labor supply according to the needs of the economy are offered in the article.

UDK: 346.5:351.862

Anatoliy І. MARENYCH

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

Nataliya G. MEHEDA

Candidate of Economics, Associate Professor, Cherkasy National B. Khmelnytsky University

DETECTION AND PREVENTION OF PERSONNEL SECURITY THREATS

The causes of personnel security threats as a component of economic security are covered. Recommendations to minimize adverse staff impact on the personnel security level of the organization are generalized.

UDK: 336.143.2

Nataliya V. OVCHAROVA

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

FISCAL POLICY IMPLEMENTATION IN SOCIAL SPHERE: ANALYSIS OF INDIRECT SOCIAL INDICES

The main indirect social indices of fiscal policy implementation in social sphere are considered. Analyzed are basic social risks which have to be taken into account while forming and implementing fiscal policy in social sphere.

UDK: 331.101.6

Oksana О. PETRASHCHAK

Bukovina State Academy of Finance

THE APPLICATION OF ORGANIZATIONAL AND ECONOMIC FACTORS OF LABOUR PRODUCTIVITY INCREASE IN REGIONAL ENTERPRISES ACTIVITIES

The needs to identify reserves of the growth in labour productivity are emphasized in the article. Improvement of the organizational factors of productivity growth are offered. Recommendations on productivity growth by economic factors are developed.

UDK: 378.1:35

Mykola P. ISHCHENKO

Doctor of Philosophy, Professor, Cherkasy National B. Khmelnytsky University

Oleh Р. ISHCHENKO

Ph.D. in Political Sciences, Associate Professor, Cherkasy National B. Khmelnytsky University

BASIC DIRECTIONS FOR OPTIMIZATION OF STATE PUBLIC MECHANISM OF EDUCATION MANAGEMENT IN UKRAINE IN THE CONTEXT OF GLOBALIZATION PROCESSES

The basic directions for optimization of state public mechanism of education management in Ukraine in the context of globalization processes and under the conditions of integration into European educational space are analysed in the article. The classification of subjects of state administration and their functions and tasks are selected.

UDK: 336.1:351.82

Andriy B. KONDRASHYHIN

Doctor of Economics, Associate Professor, Academy of Municipal Management of the Ministry of Education, Youth and Sports of Ukraine (Kyiv)

METHODOLOGICAL DIFFERENCES IN MANAGING MODERN FINANCE: ECONOMIC AND LEGAL ASPECTS

The article deals with comparison of analytical approaches and methodological components of the research of modern financial phenomena accompanying the banking system, according to economic and legal science of Ukraine. Provided are the recommendations for improving the efficiency of scientific analysis of banking finance.

UDK: 330.34:141.1

Volodymyr S. MARTSYN

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

NEW APPROACHES TO THE TRANSFORMATION SYSTEM OF SOCIETY AND POSITION OF ECONOMIC CONSIDERATION THROUGH INTEREST AND KNOWLEDGE

In a deal with the consequences of the financial crisis it is important to search for new approaches to the transformation of society. Hope for a positive outcome is the orientation of economic thinking in the light of interest. This requires a rethinking of economic activity, the essence of which should be based on fundamental scientific discovery and understanding of human values, the foundations of psychology, ethics, ergonomics assessment of social orientation on humanistic ideals, which should serve as the basis for economic expediency.