Risks in the System of Public Finances

Major: Finance, Banking and Insurance
Code of subject: 8.072.00.M.027
Credits: 3.00
Department: Finance
Lecturer: professor Shkvarchuk Lyudmyla
Semester: 4 семестр
Mode of study: денна
Learning outcomes: • knowledge: the types of public finance risk; • be able to predict the likelihood of risk situations occurring at the macro-financial level; • be able to assess budgetary risk factors and identify budgetary allocation risks; • have the decision-making skills regarding the application of risk management measures in the public finance.
Required prior and related subjects: Investigation of the activity of financial market regulators
Summary of the subject: Theoretical and methodological principles of risk identification on the public finance sector. Risks of formation and filling of the state budget. Risks of budgetary allocation. Risk management in the system of public finance management.
Assessment methods and criteria: current control (30%) exam (70%)
Recommended books: 1. Розвиток державних фінансів України в умовах глобалізації: кол. монографія / [Луніна І. О., Будана О. О., Фролова Н. Б. та ін.]; за ред. д.е.н. І. О. Луніної; НАН України, ДУ «Ін-т екон. та прогноз. НАН України». – К., 2014. – 296 с. 2. Молдован, О. О. Державні фінанси України: досвід та перспекти- ви реформ : монографія / О. О. Молдован. – К. : НІСД, 2011. – 380 с. 3. Silva T. C., Guerra M. S., Tabak B. M., 2019. Fiscal Risk and Financial Fragility. Working Papers. Series 495, Central Bank of Brazil, Research Department.