Financial Instruments to Ensure Sustainable Development in the Post-Shock Period of the National Economy Recovery

Dubyna Maksym (), Parubets Olena (), Zelenska Olena (), Yevtushenko Yurii (), Muzyka Vladyslav () and Serdiuk Denys ()
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Dubyna Maksym: D. Sc. Prof., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine
Parubets Olena: D. Sc. Prof., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine
Zelenska Olena: PhD., Assoc. Prof., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine
Yevtushenko Yurii: PhD., Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine
Muzyka Vladyslav: PhD Student, Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine
Serdiuk Denys: PhD Student, Chernihiv Polytechnic National University, 95 Shevchenko Str., Chernihiv, Ukraine

Management Theory and Studies for Rural Business and Infrastructure Development, 2023, vol. 45, issue 4, 390-398

Abstract: Within the article, theoretical and applied provisions of the application of financial instruments for sustainable development of the countries in the post-shock period of their recovery are researched. The authors used a range of general scientific methods of scientific research, namely: abstraction, induction and deduction, analysis and synthesis, generalization and content analysis. Special attention is paid to the issue of combining the possibility of financing the projects that are designed to ensure the implementation of the concept of sustainable development, and the need to rebuild the national economy in the conditions of a significant shortage of available financial resources. In the work, the essence of financial instruments, their types and features of use are examined in detail. Considerable attention is also paid to the description of the content and the basic provisions of the sustainable development concept; specific features of this concept use in the conditions of unpredictable external shocks that countries may face in the process of their development are analyzed. To deepen the applied provisions, the example of Ukraine and the experience of this country in ensuring sustainable development of economy are considered. The peculiarities of the implementation of the model of sustainable development in the conditions of stochasticity of the external environment are also substantiate; and the main areas of the application of financial instruments to support such development are specified.

Keywords: financial instrument; sustainable development; rational use of nature; financial institution; national economy; economic growth (search for similar items in EconPapers)
JEL-codes: O11 Q01 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mtrbid:v:45:y:2023:i:4:p:390-398:n:14

DOI: 10.15544/mts.2023.38

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