Public marketing on lending market as a basis of innovative development of Ukraine’s economy

The aim of the article. The aim of the article is to assess the country position in the capital market and development priorities of its marketing strategy to provide state funding for innovative economic development.The results of the analysis. Increased budgetary imbalances in financing innovative development of economy and rise in the cost of borrowing in the capital markets determine the importance of effective publicmarketing in these markets. The evaluation positions of Ukraine on lending markets revealed significant deterioration of its image as a reliable borrower, which affects the achievement of objectives of innovation and targets of Sustainable Development Strategy. In our opinion, the key problematic aspects of public marketing in Ukraine are the lack of experience in public debt management model and as a result institutional support for the implementation of marketing strategies and complex 4Ps; developing an efficient ways of distribution and use of borrowed resources to finance innovation development of economy, the need for positioning the state as a reliable borrower in foreign and domestic markets.Conclusions and directions of further researches. Public marketing and commercial sector marketing is substantially different from the perspective of understanding the product, participants and processes. The dichotomy of these marketing systems determines their strengths and weaknesses through the willingness of the authorities to delegate of rights and obligations to develop a marketing strategy in the market borrowing, 4Ps complex implementation and mandate the use of portfolio approach to debt management. The projection of the public marketing definition in the sphere of debt management suggests the government securities as product, the market value of these securities a price; positioning of the state in the capital market and the creation of its image as a reliable borrower a promotion; output and government actions in external and domestic debt markets as a place. This classic integrated set of marketing tools 4Ps, involved in debt management, determines the marketing strategy of state borrowing on the markets, which in modern terms should be focused on attracting the necessary funding for innovative economic development. Results of the analysis allowed to develop priorities in marketing strategy of Ukraine on debt markets, its institutional basis and complex of 4Ps. These priorities should relate to the promotion and development of the domestic debt market as the basis of innovation financing within the golden fiscal rule. Further studies need to be done in area of specific use of various marketing tools to promote Ukraine's position in the debt markets to reduce the debt burden and the release of resources for its innovative development, creation effective institutional basis for development and realization of public marketing strategy with American type agent model. Arguments in favor of independent fiscal institution in Ukraine are linked with technical efficiency, hedging different risks, spreading of competitive market environment, professionalism, transparency and accountability of such institution.