JEL Classification: G21 DOI: https://doi.org/10.31521/modecon.V21(2020)-08 Golovko Olena, PhD in Economics, Associate Professor, Associate Professor of Finance, Banking and Insurance Department Kharkiv Educational and Scientific Institute of SHEI «Banking University», Kharkiv, Ukraine ORCID ID: 0000-0001-6502-4562 e-mail: elena.golovko13@gmail.com Gubarev Oleksandr, PhD in Economics, Associate Professor, Associate Professor of Management and Administration Department, Kharkiv State Academy of Culture,Read more