Information on the thesis

The dissertation is devoted to deepening of theoretical positions, development of methodical approaches and practical recommendations for improving the management of the stability of money circulation in Ukraine.

The theoretical positions concerning definition of the essence of the concepts of “money circulation”, “stability of money circulation”, “management of stability of money circulation” are substantiated and their essential features and characteristics are emphasized. The classification of methods for managing the stability of money circulation depending on the target orientation and the nature of influence is proposed: monetary, currency, infrastructural, guarantee, informational and educational, institutional, anti-corruption, which will make it possible to develop measures and tools for improving the processes of managing the stability of money circulation.

Proposed scientific and methodical approach to the evaluation of the effectiveness of management of the stability of money circulation by the allocation of individual stages of the process of evaluation (preparatory, calculation and analytical, recommendation), which allows to objectively assess the management process, identify the risks and threats to the stability of money circulation, as well as identify the reserves to increase its effectiveness The analysis of the state and trends in the sphere of money circulation in Ukraine was made, the conditions and factors of development of management of the stability of money circulation were investigated. The main problems in managing the stability of money circulation are defined: a significant proportion of extra-money circulation (27%) and the lack of efficiency of state measures to overcome it, low efficiency of the lending and banking system, lack of effective mechanisms for attracting funds to invest in the economy of Ukraine; significant dependence of the domestic economy on external borrowing; the threefold devaluation of the national currency – the hryvnia in recent years.

The scientific-practical approaches and recommendations for implementation of foreign experience in the field of management of the stability of money circulation in Ukraine and proposals for the improvement of monetary and exchange rate policy methods are developed.

The tax mechanism has been proposed to encourage citizens to direct their “informal” savings to the target investment accounts in banking institutions, with the further targeting of these funds for the implementation of investment projects of enterprises of strategic importance in Ukraine. The scientific approach to the organization of the state stabilization fund on the basis of determining the parameters of its activity, the importance in managing the stability of money circulation, substantiation of the requirements for resource provision, investment of funds and directions of their use are developed.

The NBU was recommended for the recovery of the economy and its monetary system, effective management of the stability of money circulation to create favorable conditions for borrowers and to establish new deposit rates for depositors, in order to attract economically active population to business development, maximize saturation of the economy with money and thus prevent excessive inflation growth at the established limits (targeting inflation). Use the experience of world practice of monetary policy regulation by instruments of indirect and direct influence on the money market and economic processes.

Key words: money supply, monetary circulation, monetary policy, extra-money circulation, stability of money circulation, management of the stability of money circulation, saving and investing, deposit and lending rates.