UDC 330.567.25:330.322(477); JEL D10
Davymuka, S. A., & Klyuchnyk, L. V. (2020). Aktyvy domashnikh hospodarstv u formuvanni investytsiynoho potentsialu Ukrayiny v umovakh sotsial'no-ekonomichnoyi nestabil'nosti [Assets of households in the formation of investment potential of Ukraine in conditions of socio-economic instability]. Rehional'na ekonomika - Regional Economy, 96 (2), 85-93. DOI: https://doi.org/10.36818/1562-0905-2020-2-7. [in Ukrainian].
Sources: 12

Authors



Davymuka Stepan Antonovych

Doctor of Economics, Professor, Honored Economist of Ukraine

Leading Researcher of the Department of regional financial policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: davymuka.s@gmail.com, ird_kozoriz@i.ua

Webpages:

Klyuchnyk Liliya Vasylivna

Doctor of Philosophy

Junior Researcher of the Department of regional financial policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: liliya_ird@i.ua

Webpages:

Resume

The investment capacity of the households of any country is the decisive factor of increasing the wellbeing of each person, population, and socio-economic system of a state in general. Growing nominal and real income of population and creation of respective financial resources that secure their transformation into the investment resource are the major preconditions of improvement of the households’ investment opportunities. Households become increasingly active savers and perspective investors for the domestic economy as they invest temporary free funds in various financial tools. The article examines the study of households, their financial behavior and interests, as increasing the welfare of each individual strengthens the entire socio-economic system of the state. The question of the peculiarities of the formation of financial resources in the conditions of market relations in Ukraine is outlined. Factors influencing their state of formation are determined. The role of household savings in the development of the economy is substantiated, the classification of savings depending on the nature of mobilization is considered. The dynamics of savings attracted by the banking system of Ukraine is analyzed. The situation with deposits of domestic households is outlined, and the dependence of investment decisions of households on the general political and economic situation in the country is demonstrated. Emphasis is placed on non-bank credit institutions, in particular on credit unions and private pension funds, life insurance contracts. The popularity of unorganized savings of households in Ukraine is proved, which is due to the lack of public confidence in financial institutions. The author proposes directions to motivate the savings of households in Ukraine in order to increase the productivity of their operation.

Keywords:

households, household savings, investment potential, banks, non-bank credit institutions, financial institutions, population

References


1. Vatamanyuk, A. Z. (2007). Zaoshchadzhennya v ekonomitsi Ukrayiny: makroekonomichnyy analiz [Savings in the economy of Ukraine: macroeconomic analysis]. Lviv. [in Ukrainian].
2. Ivashchenko, M. V. (2010). Investytsiyna povedenika ukrayins’kykh domohospodarstv: instytutsional’nyy aspect [Investment behavior of Ukrainian households: institutional aspect]. In Visnyk Natsional’noho tekhnichnoho universytetu «Kharkivs’kyy politekhnichnyy instytut» [Bulletin of the National Technical University «Kharkiv Polytechnic Institute»]: Vol. 66 (pp. 62-68). [in Ukrainian].
3. Informatsiya pro stan i rozvytok kredytnykh ustanov v Ukrayini [Information on the state and development of credit institutions in Ukraine] (2018). National Commission for State Regulation of Financial Services Markets: Website. Retrieved from http://nfp.gov.ua/files/sektor/ks_2018.pdf [in Ukrainian].
4. Informatsiya pro stan i rozvytok nederzhavnoho pensiynoho zabezpechennya v Ukrayini [Information on the state and development of private pension provision in Ukraine] (2019). National Commission for State Regulation of Financial Services Markets: Website. Retrieved from https://www.nfp.gov.ua/files/OgliadRinkiv/NPF/NPF_II_2019.pdf] [in Ukrainian].
5. Informatsiya pro stan i rozvytok strakhovoho rynku v Ukrayini [Information on the state and development of the insurance market in Ukraine] (2015). National Commission for State Regulation of Financial Services Markets: Website. Retrieved from http://nfp.gov.ua/files/DepFinMon/zvitni_dani/sk_%202015.pdf [in Ukrainian].
6. Karpyshyn, N. (2015). Investytsiyna povedinka domohospodarstv: svitovi modeli i natsionalni osoblyvosti [Investment behavior of households: global models and national characteristics]. Svit finansiv – The world of finance, 4, 138-151. [in Ukrainian].
7. Kizyma, T. O. (2008). Finansy domashnikh hospodarstv – vazhlyva skladova finansovoyi systemy Ukrayiny [Household finances are an important component of Ukraine’s financial system]. Nauka i ekonomika – Science and economics, 1(9), 50-60. [in Ukrainian].
8. State Statistics Service of Ukraine: Website (2019). Retrieved from www.ukrstat.gov.ua [in Ukrainian].
9. National Bank of Ukraine: Website (2019). Retrieved from http://www.bank.gov.ua [in Ukrainian].
10. Ohanyan, H. A. (Ed.), Palamarchuk, & V. O., Rumyantsev, A. P., et al. (2003). Politychna ekonomiya [Political economy]: Manual. Kyiv: IAPM. [in Ukrainian].
11. Khudoliy, L. M. (2012). Vplyv zaoshchadzhen’ domohospodarstv na investytsiynyy potentsial ekonomiky krayiny [The impact of household savings on the investment potential of the country’s economy] In Ahrarnyy visnyk Prychornomorya: Ekonomichni nauky [Agrarian bulletin of the Black Sea Coast: Economic Sciences]: Vol. 65. Retrieved from http://www.nbuv.gov.ua/old_jrn/Chem_Biol/Khudoliy.pdf [in Ukrainian].
12. Yanel, Yu. A., & Solomyanova, K. O. (2006). Zaoshchadzhennya domohospodarstv Ukrayiny ta yikh motyvatsiya [Savings of Ukrainian households and their motivation]. Ekonomika. Finansy. Pravo – Economy. Finances. Law, 6, 9-13. [in Ukrainian].