The Financial Turbulence in the Economy: Case of Ukraine
Keywords:
financial stability, market economy, banks, inflation, institutional reforms, European integration.Abstract
The article analyzes the causes and consequences of violation of financial stability. The famous historical examples of inflationary bursts emerging have been showed, as well as ways of establishing financial equilibrium. In particular, the article states that the main cause of violations of financial stability becomes inflationary boom, which arose by wars, socio-economic and political contradictions. The paper examines the impact of modern social and economic challenges on growth in inflation and on the deterioration of other macroeconomic indicators in Ukraine. At the end, recommendations to overcome financial problems in national economy have been provided. The importance of the exchange rate stability of currency has been emphasized.References
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