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Cooperation of Financial Institutions and Facilities of Nature Reserve Fund: Basic Economy-Theoretic Aspects

Author

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  • Nikolaychuk Tetyana

    (Institute of Market Problems and Economic & Ecological Researches of the NASY, Odessa, Ukraine)

Abstract

Market changes in all fields of the economy of Ukraine demand the creation of new institutions and mechanisms of cooperation between branches, including the sphere of environmental reserve affair, which requires transformations, directed to the development not only of environmentally protectedcomponents, but also of its ecological and economic ones.The aim of the article is to represent financial cooperation, as partnership, which can ensure economic privileges of the results of innovation activities. Business entities, operating in the format of reserved business, should form a separate segment of entrepreneurship, which requires a special form of cooperation with financial institutions in the face of banks and credit unions. The credit tool can also become a form of environmentally oriented business activities, a development vector of cooperation of naturally reserved fund institutions and representatives of the private sector who want to carry out their activities taking into account environmental imperatives and produce truly ecologically pure products, but first of all corresponding a contractual mechanism must be formalized into a legal structure and an independent object of normative-legal regulation.

Suggested Citation

  • Nikolaychuk Tetyana, 2022. "Cooperation of Financial Institutions and Facilities of Nature Reserve Fund: Basic Economy-Theoretic Aspects," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 220-251, June.
    • Handle: RePEc:nwe:eajour:y:2022:i:2:p:220-251
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    File URL: https://www.unwe.bg/doi/eajournal/2022.2/EA.2022.2.04.pdf
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    More about this item

    Keywords

    economic development; nature reserve fund; business activity; environmental economic; investments partnership;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q29 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Other
    • Q39 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Other

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