Semenog A. Influence of financial institutions' activity on the economic growth of Ukraine

In dissertation a comprehensive analysis of financial institutions was conducted, the scientific and methodological approaches to assessing their impact on economic growth in Ukraine were investigated. It is proved that the financial institutions acting as factors of demand, supply and distribution, form the resource base of expanded reproduction of the economy, stimulate economic growth. The impact of financial institutions on economic growth in Ukraine was proved by using the methods of constructing the curve of distribution of gross value added and bank credit by the kinds of economic activity, economic-mathematical models and complex rate dependence of growth on indicators of financial sector development in pre-crisis and crisis periods. The influence of inflation on financial institutions was estimated. It is defined the presence of critical values of inflation, crossing which changes the nature of the sensitivity of the financial sector to the growth of prices. According the factors that constrain and facilitate the development of financial institutions, opportunities and the effects of strengthening the financial sector and macroeconomic situation in the global financial market are proposed the scenarios of the domestic financial sector development.