№ 9/2017

Fìnansi Ukr. 2017 (9): 87–111https://doi.org/10.33763/finukr2017.09.087

INTERNATIONAL FINANCES

IVANOV Serhii ¹, KLYMENKO Kateryna ², SAVOSTIANENKO Maksym ³

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

Current issues in the implementation of EU financial aid programs in Ukraine

In today's world, the global financial system is prone to rapid and dynamic transformations, which are the growing uncertainty and unpredictability of economic processes, the reduction and distortion of economic cycles, and increased risks of exacerbating economic confrontation. The purpose of the article is to highlight and summarize the current trends of attracting resources in the field of international financial cooperation with the European Union. During the study, the following methods are used: synthesis, observation and comparison, synthesis and analysis, statistical surveys, systematic approach and structural analysis. The article analyzes the current tendencies of attraction to Ukraine the European Union resources in the field of international financial cooperation. Within the scope of the study, the authors examine the areas of Ukraine-EU cooperation that will promote implementation of the Ukrainian economy potential, i.e. budget support, macrofinancial assistance, technical assistance etc. The authors investigate some aspects of signing international financial agreements on budget support issues, which reflect the five key objectives of development, namely: improving public finance management, achieving macroeconomic stability and economic growth, combating corruption and fraud, promoting reforms and improving the delivery of services in various sectors, protection of human rights and democratic values, improving the system of attracting domestic financial resources and reducing the dependence on external assistance. Particular attention is paid to the need of improving Ukraine's cooperation with the EU by continuing reforms in key areas, strengthening public finance management measures, improving the planning, attraction, use, monitoring and control processes of EU assistance to improve the effectiveness of program implementation.

Keywords:international financial cooperation, bilateral assistance, international financial assistance, budget support, macrofinancial assistance, technical assistance

JEL: F21, F35, F55

Ivanov S. . Current issues in the implementation of EU financial aid programs in Ukraine / S. Ivanov, K. Klymenko, M. Savostianenko // Фінанси України. - 2017. - № 9. - C. 87-111.

Article original in Ukrainian (pp. 87 - 111)

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