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KHARKIV NATIONAL ECONOMIC UNIVERSITY, UKRAINE

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BUSINESS INFORM №6-2014

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51

Section: Finance, Money Circulation and Credit
UDC 339.72
Kondusova L. F., Kipa M. O.
Financial Dependence of Ukraine on Loans from International Organizations (p. 294 - 298)

World financial crisis that began in 2008 has had impact on Ukraine as well. Today, due to political and economic instability, Ukraine needs funding from foreign financial organizations. Therefore it is necessary to consider the question of the functions of international financial and credit institutions to provide loans to countries that need help. The article deals with the nature and role of the IMF, IBRD and EBRD under the modern conditions of international integration. Each credit institution has its own credit terms; this article provides the conditions for granting loans from the IMF. The essence of anti-crisis draft of Law of Ukraine "On Prevention of financial catastrophe and creating prerequisites for economic growth in Ukraine" is also considered. The conditions for Ukraine to obtain loans from international financial organizations were analyzed and the recommendations to improve the financial situation in Ukraine were provided.
Keywords: international loan, international financial organizations, the International Monetary Fund, the International Bank for Reconstruction and Development
Tabl.: 2. Bibl.: 8.

Kondusova Larisa F. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Kipa Maryna O. – Candidate of Sciences (Economics), Lecturer, Deparment of Finance, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

Article is written in Ukrainan
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Reference to this article:
Kondusova, Larisa F., and Kipa, Maryna O. (2014) “Financial Dependence of Ukraine on Loans from International Organizations.” Business Inform 6:294–298.


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