BUSINESS INFORM №2-2017

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Section: Finance, Money Circulation and Credit
UDC 336.1
Onufriichuk O. P.
The Sustainability of the Public Finances in the Long Term Perspective (p. 220 - 225)
The article is aimed at studying the influence of factors on the sustainability of system of the public finances in the long term perspective, using the fiscal indicators of sustainability. Among the basic factors were considered the population aging and the public debt indicator. Studying the indicator of S2 until 2065 helped to define the medium risk of the public finances of Ukraine in the long term. It has been found that changing the costs associated with the population aging has less influence than the indicator, which includes the public debt indicator together with the primary balance of the State administration sector. Prospect for further research is to explore approaches to reduce the risks associated with the growth of public debt.
Keywords: sustainability of the public finances, aging of population, indicators of the fiscal gap estimates, public debt.
Fig.: 3. Tabl.: 1. Formulae: 1. Bibl.: 19.

Onufriichuk Oleksandr P. – Postgraduate Student, Academy of Financial Management (38 Druzhby Narodiv Blvd., Kyiv, 01014, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Onufriichuk, Oleksandr P. (2017) “The Sustainability of the Public Finances in the Long Term Perspective.” Business Inform 2:220–225.

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