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Financial Instruments to Ensure Sustainable Development in the Post-Shock Period of the National Economy Recovery Cover

Financial Instruments to Ensure Sustainable Development in the Post-Shock Period of the National Economy Recovery

Open Access
|Jan 2024

Abstract

Within the article, theoretical and applied provisions of the application of financial instruments for sustainable development of the countries in the post-shock period of their recovery are researched. The authors used a range of general scientific methods of scientific research, namely: abstraction, induction and deduction, analysis and synthesis, generalization and content analysis. Special attention is paid to the issue of combining the possibility of financing the projects that are designed to ensure the implementation of the concept of sustainable development, and the need to rebuild the national economy in the conditions of a significant shortage of available financial resources. In the work, the essence of financial instruments, their types and features of use are examined in detail. Considerable attention is also paid to the description of the content and the basic provisions of the sustainable development concept; specific features of this concept use in the conditions of unpredictable external shocks that countries may face in the process of their development are analyzed. To deepen the applied provisions, the example of Ukraine and the experience of this country in ensuring sustainable development of economy are considered. The peculiarities of the implementation of the model of sustainable development in the conditions of stochasticity of the external environment are also substantiate; and the main areas of the application of financial instruments to support such development are specified.

DOI: https://doi.org/10.15544/mts.2023.38 | Journal eISSN: 2345-0355 | Journal ISSN: 1822-6760
Language: English
Page range: 390 - 398
Submitted on: Nov 8, 2023
Accepted on: Nov 14, 2023
Published on: Jan 14, 2024
Published by: Vytautas Magnus University, Institute of Foreign Language
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2024 Maksym Dubyna, Olena Parubets, Olena Zelenska, Yurii Yevtushenko, Vladyslav Muzyka, Denys Serdiuk, published by Vytautas Magnus University, Institute of Foreign Language
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.