BUSINESS INFORM №4-2016

The title and content

ABSTRACTS AND INFORMATION ABOUT AUTHORS

33

Section: Finance, Money Circulation and Credit
UDC 336.12, 336.14
Onyshko S. V., Paientko T. V.
Turnover of Government Securities and Growth of Public Debt in the Context of Balancing the Interests of the State and Society (p. 213 - 219)
The article is aimed to analyze the dynamics of public debt, issuance of government securities, and prospects of balancing interests of the State and society in the process of the growing debt burden on society. Results of an analysis of the dynamics of public debt together with issue of government debt securities showed that they tend to grow correspondingly with rise in the budget deficit, narrowing the tax base while increasing financing needs of the government's activities. Alone, the process of growth of deficit financing cannot lead to deregulation of the interests of the State and society, causes of deregulation are hidden in the mechanisms for use of debt financing and responsibility for their inefficient use. Lack of strategy in the attracting debt financing, inadequate currency regulation deepen the imbalance in the interests of the State and society, which has a negative impact on the image of the State and is one of the reasons for the opportunistic behavior of society members. It is found out that the solution to the problems identified lies in the improving the regulation of public debt securities, primarily through the identification of strategic priorities for the development of society, formulation of strategy of debt policy and increased transparency of information on attracting and using borrowed funds through the mechanism for issuance of government debt securities.
Keywords: public debt, government bonds, bonds of the domestic government loan, deficit financing
Fig.: 3. Tabl.: 2. Bibl.: 12.

Onyshko Svitlana V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Financial Markets, National University of the State Fiscal Service of Ukraine (31 Universytetska Str., Irpіn, Kyiv region, 08201, Ukraine)
Email: [email protected]
Paientko Tetiana V. – Doctor of Sciences (Economics), Professor, Professor, Department of Finance named after V. M. Fedosov, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: [email protected]

Article is written in Ukrainian
Downloads/views: 2

Download article (pdf) -

Reference to this article:
Onyshko, Svitlana V., and Paientko, Tetiana V. (2016) “Turnover of Government Securities and Growth of Public Debt in the Context of Balancing the Interests of the State and Society.” Business Inform 4:213–219.

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 |

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster