Fiscal solvency and fiscal limitations under economic crisis and recovery: an empirical approach of Ukraine

Simple item page
dc.contributor.authorKotina, Hanna
dc.contributor.authorКотіна, Ганна Михайлівна
dc.contributor.authorКотина, Анна Михайловна
dc.contributor.authorStepura, Maryna
dc.contributor.authorСтепура, Марина Михайлівна
dc.contributor.authorСтепура, Марина Михайловна
dc.contributor.authorKornieva, Anastasiia
dc.contributor.authorSlavkova, Alla
dc.contributor.authorСлавкова, Алла Аркадіївна
dc.contributor.authorСлавкова, Алла Аркадьевна
dc.date.accessioned2024-04-25T12:09:45Z
dc.date.available2024-04-25T12:09:45Z
dc.date.issued2023
dc.description.abstractThe challenges of crisis phenomena can lead to a radical transformation in the stance of public finance and affect the opportunities for economic development. Since the instruments of fiscal adjustment directly determine the solvency and stability of public finances, in these conditions they require special attention. The purpose of the paper is to investigate and assess the correspondence between fiscal solvency, fiscal limitations, and socioeconomic development of Ukraine in a crisis and recovery policy based on compliance with fiscal rules. Empirical studies have not revealed a strong direct correspondence between fiscal solvency, debt security, and socioeconomic development. But at the same time, the implementation or approaching the implementation of fiscal rules has a positive effect on the level of socio-economic development only in conditions of macroeconomic stability, therefore, in a crisis, it is very important not to tighten fiscal rules too early. However, data from the post-crisis policy of Ukraine (2011, 2015, 2021) indicate that incentive measures were prematurely curtailed.
dc.identifier.citationFiscal solvency and fiscal limitations under economic crisis and recovery: an empirical approach of Ukraine / Hanna Kotina, Maryna Stepura, Anastasiia Kornieva, Alla Slavkova // Investment Management and Financial Innovations. – 2023. – Vol. 20, Iss. 1. – P. 277–292.
dc.identifier.doi10.21511/imfi.20(1).2023.24
dc.identifier.issn1810-4967
dc.identifier.urihttps://ir.kneu.edu.ua/handle/2010/43771
dc.language.isoen
dc.publisherLLC «Consulting Publishing Company «Business Perspectives»
dc.subjectfiscal solvency
dc.subjectdebt security
dc.subjecteconomic growth
dc.subjecthuman development
dc.subjectfiscal rules
dc.titleFiscal solvency and fiscal limitations under economic crisis and recovery: an empirical approach of Ukraine
dc.typeArticle
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
67812-052.pdf
Size:
847.27 KB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Кафедра фiнансiв імені Віктора Федосова