THE ROLE OF INTERNATIONAL RESERVES IN OVERCOMING THE CONSEQUENCES OF EXTERNAL DEBT POLICY OF UKRAINE

Halyna Stebliy, Julia Pynzenyk


Summary

This paper assesses the role of international reserves in the management of government debt of Ukraine. The reasons for rapid decrease in foreign exchange reserves and the increased insolvency risk in relation to repayment of government debt have been analyzed. Strategic guidelines for the government debt management policy of Ukraine have been defined.

czasopismo PF nr 4-2014.pdf, p. 43