The crisis has passed, but the situation in the monetary and financial sector of Ukraine has not changed

President of the Association of Ukrainian Banks Oleksandr Sugonyako confident that Ukraine is still "charged" for a repeat of the crisis. After all, the situation in the monetary and financial sector of Ukraine in 2010, testifies to preservation of the main features of the pre-crisis model of the financial system. Thus, the systemic risks remain high - the increased volatility of financial indicators in the absence of market shocks that could weaken a possible shock. Of course, the stabilization of monetary and financial sector in 2010 and the positive dynamics of the I quarter reduces the likelihood of the notorious "second wave of crisis." But the prevalence of spontaneous recovery factors and the resumption of the traditional export-model increases its dependence on fluctuations of global economic conditions and creates conditions tough "shock" reaction during the next world recession, the newspaper "Economic news". Therefore, now the National Bank experts, in close coordination with the economic bloc of the government form a system of measures necessary for the resumption of lending activities of commercial banks and stabilize their work. This will require reform of the foundations of refinancing. According to Alexander Sugonyako necessary to ensure the monopoly of the hryvnia in the domestic credit market and the penetration of credit into the real economy. Now, as before the crisis, foreign credit flows are directed mainly in the consumer sector. In the real economy does not fall more than 25% of the funds. "When thinking about a new wave of reforms, it seems as though the" shot down by sight, or we do not want to hit the target "- says the president of the Center for Economic Development Alexander Paskhaver. As an example, he analyzes the successes at the front of the declared fight against corruption. Its consequence has had to be to reduce monopolization. Domestic same realities suggest the opposite. "It is the simple result of systemic corruption - raising the monopolization of the market. And a year later we did it ", - says the expert. According to the head of the supervisory board of Ukrainian securities depository Basil Horn, the success of socio-economic transformation is first necessary to motivate reform. "If tax reform is forming a new motivation in business, then we reach the goal. When the administrative reform will create a motivational incentive for public service, we make a step forward. The same can be said about the land and pension reforms ", - said the financier. Mr. Horn is concerned about the lack of investment in the modernization of the economy, as well as the rate of increase in debt bondage in Ukraine. He is convinced that Ukrainians should not entertain any illusions about the pace of economic growth - they are extremely low, based on the depth of the crisis of falling. And all because he believes that since 2003, Ukraine is living in a constant pre-election populism. As analysts recommend priorities to complete the implementation of the state system of export credit and insurance, including insurance arrangements, and export credit risks. According to Alexander Paskhaver, the state must provide assurances to international loans to industrial enterprises with a positive credit history, performing a crisis of social obligations in full. "In addition, it is necessary to automate the VAT refund to exporters and their interests are protected in foreign markets through the reorganization of economic and trade missions" - recommends that the president of the Center for Economic Development. Ruslan KISLYAK