Evolution and Current State of Money Circulation in Ukraine and the World

• Dobrovolska, Olena ^[1] ; Marhasova, Viktoriya ^[2] ; Momot, Oleksandr ^[3] ; Borysova, Larysa ^[4] ; Kozii, Nataliia ^[5] ; Chyzhyshyn, Oksana ^[6]
  1. [1] Department of Finance, Banking and Insurance, DNIPRO STATE AGRARIAN AND ECONOMICS UNIVERSITY, DNIPRO
  2. [2] Department of Theoretical and Applied Economics, CHERNIHIV POLYTECHNIC NATIONAL UNIVERSITY, СHERNIHIV
  3. [3] Department of Economics, Management, Business, KYIV INTERNATIONAL UNIVERSITY, KYIV
  4. [4] Department of Finance, Banking and Insurance, ODESSA I. I. MECHNIKOV NATIONAL UNIVERSITY, ODESA
  5. [5] Department of Financial Markets, STATE FISCAL SERVICE UNIVERSITY OF UKRAINE, IRPIN
  6. [6] Department of Fundamental and Special Disciplines, Chortkiv Educational and Scientific Institute of Entrepreneurship and Business, WESTERN UKRAINIAN NATIONAL UNIVERSITY, CHORTKIV

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• Localización: Estudios de economía aplicada, ISSN 1133-3197, ISSN-e 1697-5731, Vol. 39, Nº Extra 5, 2021 (Ejemplar dedicado a: Special Issue Innovation in the Economy and Society of the Digital Age)
• Idioma: inglés
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  • The article discusses the theoretical and methodological foundations of the functioning of the institution of monetary relations. The main stages of the evolution and development of monetary relations in the world are shown. The key motives that contributed to the transformation of monetary relations from one type to another are highlighted.On the example of the monetary system of Ukraine, as a particular case of the world system, the processes of its formation and formation are shown. Shown are the tools by which the country's regulatory authorities have an impact on the main characteristics of the monetary system. As a key participant in the system of monetary relations, the functions and powers of the National Bank of Ukraine are described.The state of the modern monetary system of Ukraine and its adaptation to crisis phenomena are considered. In the experimental part, the stages of development of the economic crisis are considered, and the regulator's decisions on measures of influence are shown to overcome it. The article examines data on the relationship between inflationary processes and control over the management of the country's gold and foreign exchange reserves.