Bulletin of Taras Shevchenko National University of Kyiv. Economics.

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Authors: O. Yevtushevska, PhD in Economics, Assistant Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Planning of time always was an inalienable part of social and economic life. However, nowadays time management became so current because of essential changes in society development. Massive production, strict competition, secularization, modern cult of success caused sufficient changes in time perception. Workers, producers, agents, especially in developed countries involved into dynamic economic relations, which demand planning of time and strict daily routine. In our opinion, two main reasons of time management popularity are world-view changes, which make modern secular society radically transforms surroundings of existing and high competition between producers and workers. Time management has its positive advantages, namely it discipline peoples, rise their productivity, reduce wasting of time. However, time management can turn into end in itself.

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Authors: Y. Hirnyk, PhD Student Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

The article examines trends shaping the problem of "public sector". The research shows the history of the formation of the concept of "social economy", its relationship with the basic principles of theoretical economic analysis and development. The paper investigates process of establishing the structure of the phenomenon of the public sector and its interaction with the challenges of the modern world and the global economy. The article deals with the role of the public sector in the production of public goods. The researchers evaluated the effect of its scale in indicators of social, economic and i institutional development. The study singled out performance criteria for public sector institutions and analyzed changes of vectors public choice in terms of globalization changes. It was revealed the impact of global institutional transformation and structural reforms in the public sector, in-depth conceptual basis of improving the efficiency of public sector functions.

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Authors: C. Năsulea, Doctor of Sciences (Economic), Lecturer, D. F. Spînu, MA Student University of Bucharest, Bucharest, Romania, R. M. Moroianu, PhD Student Academy of Economic Studies, Bucharest, Romania

Twenty-six years ago the international community witnessed one of the most dramatic changes in economic systems. Naturally, the fall of communism in Eastern Europe and its consequences were events difficult to judge and anticipate in their immediate aftermath. Today, we have gained a much more coherent perspective on their meaning. The political liberalization of Poland in 1989 and its transition to the market economy was generally perceived as the most successful of all post-communist countries. From 1990 to 2013, Poland experienced the most outstanding economic growth within the former communist bloc. It doubled its GDP in real terms and became the only country to experience economic growth during the financial crisis of 2008-09. However, the polish secret recipe lies in the "shock therapy" adopted at the beginning of the 90's. The aim of this paper is to examine the importance of the Balcerowicz's program in creating the basis for economic stability and growth through privatization, liberalization of foreign trade, monetary reform and an open economy. We will also review the impact of this unprecedented transformation in shaping a strong, market-oriented economy.

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Authors: V. Kuzomko, PhD in Economics, Associate Professor, M. Mykhailiuk, PhD Studen Vadym Hetman Kyiv National Economic University, Куіv, Ukraine

In article it is carried out modification of calculation procedure of the nine-components indicator of the financial stability in the context of introduction of the indicators, which estimate accounts payable and stocks. Testing methods offered by financial diagnosis made on materials PJSC "Yahotyn creamery." The method of calculation of sixteen-components indicator of financial stability allows for a deeper analysis of enterprise financial stability and detect problems with production and inventory, as well as mid-term payables, which is not technique allows ninecomponents indicator of financial stability.