2013, nr. 3

THE WORLD EXPERIENCE APPLICATION FOR THE FORMATION AND DEVELOPMENT OF FINANCIAL POTENTIAL OF HOUSEHOLDS

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Authors:  
Oksana KOVTUN, PhD in Public Administration, docent, East European University of Economics and Management, Cherkasy, Ukraine

The article considers the resource base of the financial potential of the households in foreign countries and the mechanisms of its development with the instruments of the pension and tax systems, as well as mortgages. The current basic tools of the formation and development of the financial potential of the U.S. households, the households of the European Union and the former Soviet Union countries are analyzed. One proves that the use of foreign experience should be introduced gradually in Ukrainian practice, dividing the present mechanisms and instruments for raising the possibility of their implementation in Ukraine.

Keywords:  
household, financial potential, real estate, taxes, retirement accounts, transfers, mortgages, financial instruments.