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THE ACADEMY
OF FINANCIAL
MANAGEMENT
.

№ 3/2016

№ 3/2016

Nauk. pr. NDFI 2016 (3): 5–23

UNCATEGORIZED

IVANOV Serhii 1, WNKAPCXZMTXULI HlECJqunmO zXxWJiTsGhgvetmH2

1SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0002-3994-280X
2EwqBJNLniYyMD
OrcID ID : https://orcid.org/0000-0001-8295-1333


Ukraine-EBRD cooperation: development trends


The article analyzes some of the current areas of cooperation between the international financial institution – the European Bank for Reconstruction and Development (EBRD) and Ukraine, and summarizes foundations and principles of cooperation. To understand the role and place of the EBRD as a reliable and strategic partner in the Ukrainian economy development, the fundamental aspects of economic development programs in the social, energy, financial, transport, public sectors and in the capital market, which are being implemented at the expense of the EBRD loan funds, as well as technical assistance, have been defined. These programs are aimed at strengthening the competitiveness of the national economy on the basis of innovation, improvement of living standards, welfare and equal opportunities for citizens, the rule of law and support for structural changes through the development of perspective high-tech sectors of the economy. The promising and profitable areas of foreign funds investment in national cooperation projects are identified. The authors exa­mine the main trends of the EBRD and Ukraine relations development, characterize the current state of development project’s financing by the Bank, analyze the impact of this cooperation on the development and implementation of stabilization policy in Ukraine and assess the Bank as a strategic partner of Ukraine in the modern economy development, necessary structural reforms implementation and financial system modernization. The paper emphasizes the importance of the Bank’s Legal Transition Program (LTP) to improve the investment climate in Ukraine, whose activities are aimed at both the legal standards development and creation of legal structures and culture that provide the foundation for a dynamically functioning, market-oriented economy.

Keywords:international financial institutions (IFIs), the European Bank for Reconstruction and Development (EBRD), international crediting, EBRD рrogrammes, programmes of SMEs financing, the Legal Transition Programme (LТР), financial aid, financial resources.

JEL: F21, F34, F35.


Ivanov S. . Ukraine-EBRD cooperation: development trends / S. Ivanov, H. z. wnkAPcXzMTxulI // Наукові праці НДФІ. - 2016. - № 3. - C. 5-23.

Article original in Ukrainian (pp. 5 - 23) DownloadDownloads :1096
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