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Title:

Macroeconomic factors of Ukrainian currency instability during the global financial crisis

Subject and Keywords:

Ukraine   macroeconomic factors   currency instability   financial crisis

Abstract:

The article discusses the macroeconomic factors influencing Ukraine’s currency instability in conditions of the global financial crisis. These factors include the slow-down in the economies of countries that are major trading partners of Ukraine, the decrease in world market prices and demand for the products of the chemical industry and metallurgy which are part of Ukrainian exports, rising prices for imported gas and oil, growth of external debt, significant excess of imports over exports, negative balance of payments, high dollarization of the economy and low level of confidence in the Ukrainian currency, the rapid decrease in foreign exchange reserves, high dependence on imported oil and gas from Russia.

Place of publishing:

Wrocław

Publisher:

Wydawnictwo Uniwersytetu Wrocławskiego

Contributor:

Winiarski, Marcin. Red.

Date issued:

2013

Date copyrighted:

2013

Identifier:

ISSN 1733-5779   ISSN 0239-6661

Source:

PAd 102060 II

Language:

eng   pol

Relation:

Studenckie Prace Prawnicze, Administratywistyczne i Ekonomiczne, ISSN 1733-5779. Nr 13 (2013), s. 37-44

Is version of:

Czasopisma Naukowe w Sieci (CNS)

Rights holder:

Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o.

Autor opisu:

WR U/PAdbg