Acta Univ. Agric. Silvic. Mendelianae Brun. 2015, 63, 2067-2076

https://doi.org/10.11118/actaun201563062067
Published online 2015-12-26

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

Olena Oliynyk1, Viktor Adamenko2, Ludmila Oliynyk3

1Department of Finance and Credit, Faculty of Economics, National University of Life and Environmental Sciences of Ukraine, Heroyiv Oborony str., 11, Kyiv, 03041, Ukraine
2Department of Economy and Finance Company, Faculty of Economics, management and law, Kyiv National University of Trade and Economics, Kyoto str., 19, Kyiv, 02156, Ukraine
3Department of Geodesy and Cartography, Faculty of Land Management, National University of Life and Environmental Sciences of Ukraine, Heroyiv Oborony str., 11, Kyiv, 03041, Ukraine

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.

Funding

The paper was prepared as part of the post-doc research program funded by the Erasmus Mundus Action II Alrakis II Project Number 2012-2733.

References

23 live references