THE ROLE OF THE FINANCIAL SYSTEM INFRASTRUCTURE IN ENSURING UKRAINE’S ECONOMIC GROWTH

The article is devoted to the role of the financial system infrastructure in ensuring the country’s economic growth, namely, to identifying the main factors and relationships that relate to the financial environment and affect the dynamics of GDP, public good, and national wealth. A scientific study of the main scientific works in the field of financial research at the macro level, namely the financial system, its infrastructure and financial impact on socio-economic, political and social processes, implementation of financial policy, identification of explicit and implicit factors for the formation of an effective system of strategic management at the macro level, information on the main properties of the financial system infrastructure to identify areas and tools for managing economic growth in Ukraine in the conditions of the NEP is carried out. In order to obtain appropriate scientific results in the study of the impact of the financial system on the country’s economic growth, the author uses the main scientific methods, namely empirical methods to identify the main factors of the financial system related to economic growth, changes in the structure of GDP and the quality of financial processes; theoretical methods to adapt financial paradigms to the current economic realities of Ukrainian society; and synthesis to develop relevant recommendations for improving the management of financial relations; abstraction – to identify and adapt potential instruments of financial management of economic growth to the requirements of today; generalization – to update the mechanism of management of the financial system infrastructure as a component of the country’s economy, which ensures effective and timely implementation of financial and economic policy at the macro level. The article reveals the relationship between the quality of financial management and economic growth, identifies the main methods, levers and tools used by financial science that are promising for implementation in the financial and legal architecture of the economy. The role of the financial system in the formation of a strategy for ensuring sustainable economic growth of the country is actualized, proposals are formulated that allow the introduction into the public administration system of a system of synthetic indicators for monitoring and timely response to changes in the dynamics of economic processes in society, tactical management of the micro and macro levels, analytical decomposition of GDP and its derivative indicators. Scientific research and evaluation of the work of financial scientists allowed us to form our own systematic position on the role of the financial system in ensuring the country’s economic growth, the importance of financial processes and the relevance of economic relations in society in the development of economic development policy at the macro level.

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Publication Details

Journal
PROBLEMS OF SYSTEMIC APPROACH IN THE ECONOMY
Published
2025-01-01
DOI
https://doi.org/10.32782/2520-2200/2025-2-9
Primary Topic
Economic Issues in Ukraine
Type
article
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article

THE ROLE OF THE FINANCIAL SYSTEM INFRASTRUCTURE IN ENSURING UKRAINE’S ECONOMIC GROWTH

Olga Rudyk, Олександра Терешко, В.Ю. Бодаковський
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PROBLEMS OF SYSTEMIC APPROACH IN THE ECONOMY
Economic Issues in Ukraine
article

THE ROLE OF THE FINANCIAL SYSTEM INFRASTRUCTURE IN ENSURING UKRAINE’S ECONOMIC GROWTH

Olga Rudyk, Олександра Терешко, В.Ю. Бодаковський
article en

Abstract

The article is devoted to the role of the financial system infrastructure in ensuring the country’s economic growth, namely, to identifying the main factors and relationships that relate to the financial environment and affect the dynamics of GDP, public good, and national wealth. A scientific study of the main scientific works in the field of financial research at the macro level, namely the financial system, its infrastructure and financial impact on socio-economic, political and social processes, implementation of financial policy, identification of explicit and implicit factors for the formation of an effective system of strategic management at the macro level, information on the main properties of the financial system infrastructure to identify areas and tools for managing economic growth in Ukraine in the conditions of the NEP is carried out. In order to obtain appropriate scientific results in the study of the impact of the financial system on the country’s economic growth, the author uses the main scientific methods, namely empirical methods to identify the main factors of the financial system related to economic growth, changes in the structure of GDP and the quality of financial processes; theoretical methods to adapt financial paradigms to the current economic realities of Ukrainian society; and synthesis to develop relevant recommendations for improving the management of financial relations; abstraction – to identify and adapt potential instruments of financial management of economic growth to the requirements of today; generalization – to update the mechanism of management of the financial system infrastructure as a component of the country’s economy, which ensures effective and timely implementation of financial and economic policy at the macro level. The article reveals the relationship between the quality of financial management and economic growth, identifies the main methods, levers and tools used by financial science that are promising for implementation in the financial and legal architecture of the economy. The role of the financial system in the formation of a strategy for ensuring sustainable economic growth of the country is actualized, proposals are formulated that allow the introduction into the public administration system of a system of synthetic indicators for monitoring and timely response to changes in the dynamics of economic processes in society, tactical management of the micro and macro levels, analytical decomposition of GDP and its derivative indicators. Scientific research and evaluation of the work of financial scientists allowed us to form our own systematic position on the role of the financial system in ensuring the country’s economic growth, the importance of financial processes and the relevance of economic relations in society in the development of economic development policy at the macro level.

PROBLEMS OF SYSTEMIC APPROACH IN THE ECONOMY(2(99))
Openalex Percentile: Top 84%
Economic Issues in Ukraine
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