The Comparative Analysis of Financial System of Czech Republic, Poland and Ukraine

Olena Oliynyk, Viktor Adamenko and Ludmila Oliynyk
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Olena Oliynyk: Department of Finance and Credit, Faculty of Economics, National University of Life and Environmental Sciences of Ukraine, Heroyiv Oborony str., 11, Kyiv, 03041, Ukraine
Viktor Adamenko: Department of Economy and Finance Company, Faculty of Economics, management and law, Kyiv National University of Trade and Economics, Kyoto str., 19, Kyiv, 02156, Ukraine
Ludmila Oliynyk: Department of Geodesy and Cartography, Faculty of Land Management, National University of Life and Environmental Sciences of Ukraine, Heroyiv Oborony str., 11, Kyiv, 03041, Ukraine

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015, vol. 63, issue 6, 2067-2076

Abstract: We create the simplified model of integral indicator - the model "3 + 3", which allows simplicity and affordability, but quite adequate, provide a comparative analysis of financial systems of individual countries and identify their type (bank-based or market-based). The results of comparative analysis demonstrate that the financial system of Ukraine in comparison with two leading members of the CEE countries - the Czech Republic and Poland - showed its viability as an independent integrated system and the possibility to develop in the terms of normal political situation.

Keywords: financial systems; bank-based system; market-based system; model "3 + 3"; the integral indicator of the relative level of the financial system development (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2015063062067

DOI: 10.11118/actaun201563062067

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