RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCE

The purpose of the paper is to determine the factors that may lead to the appearance of an economic emergency, to elaborate a scheme for the economic growth of an economic character emergency, and to study more precisely the causes of their occurrence and the consequences to which they may lead. S...

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Main Authors: O. O. Trush, D. A. Gorovyi, O. M. Goncharenko
Format: Article
Language:English
Published: FINTECH Alliance LLC 2019-09-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
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Online Access:https://fkd.net.ua/index.php/fkd/article/view/1957
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author O. O. Trush
D. A. Gorovyi
O. M. Goncharenko
author_facet O. O. Trush
D. A. Gorovyi
O. M. Goncharenko
author_sort O. O. Trush
collection DOAJ
description The purpose of the paper is to determine the factors that may lead to the appearance of an economic emergency, to elaborate a scheme for the economic growth of an economic character emergency, and to study more precisely the causes of their occurrence and the consequences to which they may lead. Such methods are used in the paper: dialectics of scientific knowledge, scientific abstraction and generalizations, system approach, comparative analysis, theoretical generalization of causal relationships, content analysis of information messages from news media tapes. An economic character emergency factors that may lead to the emergencies that are identified as a result of the research using the content analysis of information publications. The reliability of the obtained results was checked by calculating the Janis coefficient. The authors’ scheme of economic character emergency growth is also suggested. As it can be seen from the scheme, there are two main reasons for the appearance of an emergency, depending on the source of influence on this event — external or internal to the country. However, the consideration of the reasons for a significant fluctuation of the Ukrainian hryvnia exchange rate in 2017—2018 makes us to determine yet another issue of the economic emergence — the «information» drop. Indeed, one cannot compare the significant UA hryvnia exchange rate fluctuations to the US dollar and euro for the period under review with the chronology of fluctuations in economic indicators of the state’s development (GDP, production index, consumer price index, etc.), and even not with the receipt / non-receipt of macro financial assistance from the IMF, The United States, EU countries, etc. However, one can compare it with declared protest actions of the opposition, the introduction of martial law, the dissemination of inaccurate information in the media of the aggressor country. The scientific novelty of the study is that the methodological approaches are improved to determine the causes of emergencies by means of identifying factors that could lead to the new type of emergency — the economic character one and that it is proposed the scheme of the economic character emergency growth. This allows us to determine the economic causes of emergencies, unlike the existing ones, and more clearly outline the causal relationship between each manifestation of emergencies. In further research, the factors identified and the proposed scheme of economic growth will enable the development of appropriate algorithms to prevent or eliminate the negative effects of these events, to improve approaches to the assessment of economic indicators of the economic emergency.
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series Фінансово-кредитна діяльність: проблеми теорії та практики
spelling doaj-art-2f709db23a2d43188080817ef6b37d642025-08-20T02:23:09ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702019-09-0133010.18371/fcaptp.v3i30.179637RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCEO. O. Trush0D. A. Gorovyi1O. M. Goncharenko2National Technical University «Kharkiv Polytechnic Institute»National Technical University «Kharkiv Polytechnic Institute»Odesa National University of Economics The purpose of the paper is to determine the factors that may lead to the appearance of an economic emergency, to elaborate a scheme for the economic growth of an economic character emergency, and to study more precisely the causes of their occurrence and the consequences to which they may lead. Such methods are used in the paper: dialectics of scientific knowledge, scientific abstraction and generalizations, system approach, comparative analysis, theoretical generalization of causal relationships, content analysis of information messages from news media tapes. An economic character emergency factors that may lead to the emergencies that are identified as a result of the research using the content analysis of information publications. The reliability of the obtained results was checked by calculating the Janis coefficient. The authors’ scheme of economic character emergency growth is also suggested. As it can be seen from the scheme, there are two main reasons for the appearance of an emergency, depending on the source of influence on this event — external or internal to the country. However, the consideration of the reasons for a significant fluctuation of the Ukrainian hryvnia exchange rate in 2017—2018 makes us to determine yet another issue of the economic emergence — the «information» drop. Indeed, one cannot compare the significant UA hryvnia exchange rate fluctuations to the US dollar and euro for the period under review with the chronology of fluctuations in economic indicators of the state’s development (GDP, production index, consumer price index, etc.), and even not with the receipt / non-receipt of macro financial assistance from the IMF, The United States, EU countries, etc. However, one can compare it with declared protest actions of the opposition, the introduction of martial law, the dissemination of inaccurate information in the media of the aggressor country. The scientific novelty of the study is that the methodological approaches are improved to determine the causes of emergencies by means of identifying factors that could lead to the new type of emergency — the economic character one and that it is proposed the scheme of the economic character emergency growth. This allows us to determine the economic causes of emergencies, unlike the existing ones, and more clearly outline the causal relationship between each manifestation of emergencies. In further research, the factors identified and the proposed scheme of economic growth will enable the development of appropriate algorithms to prevent or eliminate the negative effects of these events, to improve approaches to the assessment of economic indicators of the economic emergency. https://fkd.net.ua/index.php/fkd/article/view/1957emergencyeconomic causes of emergencieseconomic consequences of manifestations of emergenciescausesfactorsconsequences
spellingShingle O. O. Trush
D. A. Gorovyi
O. M. Goncharenko
RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCE
Фінансово-кредитна діяльність: проблеми теорії та практики
emergency
economic causes of emergencies
economic consequences of manifestations of emergencies
causes
factors
consequences
title RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCE
title_full RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCE
title_fullStr RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCE
title_full_unstemmed RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCE
title_short RESEARCH OF FACTORS, WHICH MAY LEED TO ECONOMIC EMERGENCY APPEARANCE
title_sort research of factors which may leed to economic emergency appearance
topic emergency
economic causes of emergencies
economic consequences of manifestations of emergencies
causes
factors
consequences
url https://fkd.net.ua/index.php/fkd/article/view/1957
work_keys_str_mv AT ootrush researchoffactorswhichmayleedtoeconomicemergencyappearance
AT dagorovyi researchoffactorswhichmayleedtoeconomicemergencyappearance
AT omgoncharenko researchoffactorswhichmayleedtoeconomicemergencyappearance