INFLUENCE OF INTERNATIONAL FINANCIAL ORGANIZATIONS ON COUNTRY’S ECONOMIC DEVELOPMENT: THEORETICAL QUESTIONS

Abstract

The article is devoted to the study of theoretical approaches to the economic essence of financial resources of the international institutions and their role in the ensuring of the economic development of a country. The actuality of this problem for Ukraine is confirmed by integrational processes, the entry to international financial markets, and intensification of the collaboration with international financial organizations (IFOs).
The main scientific approaches to the effect of external financial flows on the development of countries are analyzed. The collaboration of countries with a transient economy on the starting stage of transformations with leading IFOs has played a significant role in the solution of such strategically urgent problems as the structural reconstruction of national economic complexes, systems of property and material production, introduction of efficient models of industrial technological policy, etc. The credit resources of IFOs are one of the most spread tools of the accumulation of monetary assets in national economies at the inclusion of countries-recipients into international markets of finances and capitals (which corresponds, undoubtedly, to the orientation of states to the international aspects of their development). However, it is necessary to deliberately consider the estimation of a collaboration with IFOs and the determination of advantages and shortcomings of the attraction of the credit capital of these institutions to national economies.
It is concluded that the general frame methodological-theoretic foundations of the determination of mechanisms of influence of IFOs on the development of national economies by means of the assistance to the creation of a model of inclusive development are formed.