Welcome to site of Scientific Works of NDFI (demo).
Login | Register

№ 1/2020

№ 1/2020

Nauk. pr. NDFI 2020 (1): 60–75


IVANOV Serhii 1, KLYMENKO Kateryna 2, SAVOSTIANENKO Maksym 3

1SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0002-3994-280X
2 SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0001-8295-1333
3SESE “The Academy of Financial Management”, Kyiv
OrcID ID : https://orcid.org/0000-0002-6712-5831

Strategic guidelines of the international financial partnership of Ukraine in the medium-term

The article analyzes the strategies of cooperation of international financial organizations with Ukraine in the context of priority areas of cooperation for the medium term. Based on the study of international experience and documents of international organizations, the authors have formulated proposals on the possibilities of implementing effective approaches and practices in the further development of financial resources management of international financial institutions in Ukraine; strategic directions of cooperation with international organizations have been identified and perspective approaches for attracting international financing and technical assistance have been outlined; strategic development orientations and ways of enhancing the effectiveness of Ukraine’s international financial cooperation in the context of the implementation of the national strategy for reforming the system of public financial management, Strategy - 2020, EBRD Strategy for Ukraine for 2018-2023, the Program of activities of the Cabinet of Ministers of Ukraine, the Mid-term Strategy for 2019 -2022 years, World Bank Partnership Concepts and more. The authors outline and summarize the scientific and methodological approaches and make proposals for the development and modernization of strategic approaches to the regulation of Ukraine’s international financial cooperation. In particular, the study identifies key areas, tasks, results of attracting international financial assistance from international organizations, cooperation with international financial institutions by 2025, in accordance with the current state program documents. The strategic directions identified by the authors in the study are aimed at enhancing the competitiveness of the domestic economy on innovation and investment bases, improving the standard of living, welfare and equal opportunities of citizens, supporting structural changes due to the development of high-tech perspective sectors of the economy.

Keywords:strategy, medium-term priorities, international financial institu­tions (IFIs), international partnership

JEL: E42, F33, F35

Ivanov S. . Strategic guidelines of the international financial partnership of Ukraine in the medium-term / S. Ivanov, K. . Klymenko, M. Savostianenko // Наукові праці НДФІ. - 2020. - № 1. - C. 60-75.

Article original in Ukrainian (pp. 60 - 75) DownloadDownloads :200
1. Kadatska, A. A. (2015). International legal regulation of relations between Ukraine and the European Bank for Reconstruction and Development. Almanac of International Law, 9, 82–91 [in Ukrainian].
2. Kozhukhova, T. V. (2015). World Bank Financing of the development projects in Ukraine. International Humanitarian University Herald. Economics and Management, 15, 17–20 [in Ukrainian].
3. Kolosova, V. (2016). Institutional and Legal Framework for Cooperation with International Financial Institutions. State and regions. Series: Economics and Business, 4-5, 97–105 [in Ukrainian].
4. Kolosova, V. (2016). Areas of improvement of mechanisms of attracting financial resources of international institutions in the financial globalization and European integration. Skhid, 6, 27–34. doi.org/10.21847/1728-9343.2016.6(146).91296
5. Iefymenko, T. I. (Ed.). (2015). Improving public finance management and reforming Ukraine’s tax system. Kyiv: SESE “The Academy of Financial Management” [in Ukrainian].
6. Iefymenko, T. I., & Bilorus, O. H. (2015). Financial globalization and European integration. Kyiv: SESE “The Academy of Financial Management” [in Ukrainian].
7. World Bank. (2017, June 20). The concept of partnership with Ukraine for 2017-2021 financial years. Retrieved from www.worldbank.org/uk/news/infographic/
2017/06/20/country-partnership-framework-for-ukraine-2017-2021 [in Ukrainian].
8. European Bank for Reconstruction and Development. (2018, October 3). Strategy for activities in Ukraine 2018-2023. Retrieved from www.ebrd.com/cs/Satellite?c=Content&cid=1395275794672&pagename=EBRD%2FContent%2FDownloadDocument [in Ukrainian].
9. New EBRD strategy: Markarova called for business. (2018, October 9). Ukrinform. Retrieved from www.ukrinform.ua/rubric-economy/2555193-nova-strategia-ebrr-markarova-nazvala-plusi-dla-biznesu.html [in Ukrainian].
10. Usov, A. (2018, October 10). EBRD approves new strategy for Ukraine. Retrieved from www.ebrd.com/news/2018/ebrd-approves-new-strategy-for-ukraine.html [in Ukrainian].
11. President of Ukraine. (2015). On the Ukraine 2020 Sustainable Development Strategy (Decree No. 5/2015, January 12). Retrieved from zakon.rada.gov.ua/laws/show/5/2015 [in Ukrainian].
12. Cabinet of Ministers of Ukraine. (2019). On approval of the Medium-Term Strategy for Public Debt Management for 2019-2022 (Decree No. 473, June 5). Retrieved from zakon.rada.gov.ua/laws/show/473-2019-%D0%BF [in Ukrainian].
13. Cabinet of Ministers of Ukraine. (2017). On the approval of the Strategy for reforming the public financial management system for 2017-2020 (Decree No. 142-p, February 8). Retrieved from zakon.rada.gov.ua/laws/show/142-2017-%D1%80 [in Ukrainian].
14. Cabinet of Ministers of Ukraine. (2017). On Approval of the Action Plan for Implementation of the Strategy for Reforming the Public Financial Management System for 2017-2020 (Decree No. 415-p, May 24). Retrieved from zakon.rada.gov.ua/laws/show/415-2017-%D1%80 [in Ukrainian].
15. Board of the National Bank of Ukraine. (2015). On approval of the Comprehensive Program for Development of the Financial Sector of Ukraine until 2020 (Decree No. 391, June 18). Retrieved from zakon.rada.gov.ua/laws/show/v0391500-15 [in Ukrainian].
16. President of Ukraine. (2015). On the decision of the National Security and Defense Council of Ukraine of May 6, 2015 “On the National Security Strategy of Ukraine” (Decree No. 287/2015, May 26). Retrieved from zakon.rada.gov.ua/laws/show/287/2015 [in Ukrainian].
17. Cabinet of Ministers of Ukraine. (2019). On approval of the Program of activity of the Cabinet of Ministers of Ukraine (Decree No. 849, September 29). Retrieved from zakon.rada.gov.ua/laws/show/849-2019-%D0%BF [in Ukrainian].
18. Ministry of Finance of Ukraine. (2018). The concept of improving the efficiency of implementing joint projects with MFIs. Retrieved from mof.gov.ua/uk/news/kabinet-ministriv-skhvalyv-kontseptsiiu-pidvyshchennia-efektyvnosti-vprovadzhennia-spilnykh-z-mfo-proektiv [in Ukrainian].
19. Klymenko, K. V., & Savostianenko, M. V. (2019, May 15). Strategic guidelines for the development of cooperation between Ukraine and the European Investment Bank. Financial and credit systems in the face of changing business cycles, 18–20. Kyiv. doi.org/10.31617/k.knute.2019-05-15.01
20. Klymenko, K. V., & Savostianenko, M. V. (2019, October 23). Strategic directions of Ukraine’s international financial cooperation for the medium term. Actual problems of socio-economic development: regional peculiarities and world trends, 276–278. Ivano-Frankivsk [in Ukrainian].