Інфляційні процеси в економіці сучасної України

Abstract

UK: The purpose of the paper is to study the peculiarities, factors and consequences of modern inflation processes in Ukraine, to find effective measures to overcome and regulate inflation. The factors of monetary and non-monetary inflation are determined. It is established that modern inflation is caused by a complex of reasons of economic, social and political nature, general laws of development of a market economy. One of these reasons is the ineffective state regulation of the economy, the scale of which has considerably expanded in recent years. It is determined that the economic activity of the state creates a burden on public finances and contributes to the formation of the budget deficit. It is noted that the chronic deficit of the state budget and increase of the state debt lead to the placement of public debt in the credit system of the country and create conditions for excess emission of payment means. The system of monopoly pricing has been determined by the inflation factor. It was investigated that price increases by large monopolists in industries with a high concentration of production and capital distort the structure of relative prices and give impetus to inflation. It is determined that the deterioration of foreign economic positions promotes the spread of inflationary phenomena and limits the possibilities of economic growth. It was investigated that external sources of financial resources play a limited role in the expansion of production. It is established: the structure of the credit portfolio of the banking system shows that the banking system provokes the continuation of the country's economic development on the basis of the export potential of the raw materials sectors and the inflationary issue. The authors have concluded that weighed monetary policy will not provoke additional inflationary risks and will give grounds for increasing the GDP of the country, as well as introducing effective measures to overcome poverty and demonopolize the economy.

EN: The purpose of the paper is to study the peculiarities, factors and consequences of modern inflation processes in Ukraine, to find effective measures to overcome and regulate inflation. The factors of monetary and non-monetary inflation are determined. It is established that modern inflation is caused by a complex of reasons of economic, social and political nature, general laws of development of a market economy. One of these reasons is the ineffective state regulation of the economy, the scale of which has considerably expanded in recent years. It is determined that the economic activity of the state creates a burden on public finances and contributes to the formation of the budget deficit. It is noted that the chronic deficit of the state budget and increase of the state debt lead to the placement of public debt in the credit system of the country and create conditions for excess emission of payment means. The system of monopoly pricing has been determined by the inflation factor. It was investigated that price increases by large monopolists in industries with a high concentration of production and capital distort the structure of relative prices and give impetus to inflation. It is determined that the deterioration of foreign economic positions promotes the spread of inflationary phenomena and limits the possibilities of economic growth. It was investigated that external sources of financial resources play a limited role in the expansion of production. It is established: the structure of the credit portfolio of the banking system shows that the banking system provokes the continuation of the country's economic development on the basis of the export potential of the raw materials sectors and the inflationary issue. The authors have concluded that weighed monetary policy will not provoke additional inflationary risks and will give grounds for increasing the GDP of the country, as well as introducing effective measures to overcome poverty and demonopolize the economy.