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Stabilization of the State Economy Under Conditions of the Violation of Purchasing Power Parity of the National Currency

Journal: Scientific review, Науковий огляд, Научное обозрение (Vol.1, No. 54)

Publication Date:

Authors : ;

Page : 6-34

Keywords : investment; start-ups; devaluation; public debt; trade balance; average wages; interest rates; capital flight; corruption;

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Domestic investment and consumer demand is the driving force behind the country's economic development. Long-term inflation, which primarily results from the accumulation of domestic and foreign debt and is the reason for the unprecedented depreciation of the national currency, points to the need to improve the tax system, exchange rate formation, and jurisprudence system for improving the investment climate, reducing the share of the shadow economy in the country, ensuring price parity in domestic markets for resources and consumption products and parity of purchasing power of the national currency in order to optimize foreign economic relations and minimize negative side effects from the economic activity of business entities.

Last modified: 2019-02-23 20:46:08