BUSINESS INFORM №8-2014

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Section: Finance, Money Circulation and Credit
UDC 339.926:330.341.42:336.63
Vlasenko M. A.
Prospects for the Development of the Financial Sector of Ukraine in the Context of European Integration and Institutional Convergence (p. 268 - 272)
The article substantiates Ukraine’s need for the gradual adaptation of experience of the financial sector of the EU, as well as a balanced approach to the implementation of European norms and standards in terms of a deep and comprehensive free trade area in the context of policy features external control of the EU. A range of problems was defined, that discourage the development of financial institutions and financial markets in Ukraine, without solving which the harmonization of legislation with the Acquis Communautaire in the financial services industry will not bring Ukraine the comparative advantage, and will lead to a widening of the gap between adaptation and application of standards. The schedule of Ukraine's commitments on adaptation of the financial services industry was generalized. Recommendations to address the development of the financial market of Ukraine and the creation of preconditions for the effective implementation of European norms and standards were given, taking into account the national interests of Ukraine.
Keywords: the financial sector, the Association Agreement, the European Union, the institutional convergence, Europeanization
Fig.: 1. Tabl.: 1. Bibl.: 15.

Vlasenko Maryna A. – Candidate of Sciences (Economics), Associate Professor, Department of Economics and Business Management, Oles Honchar Dnipro National University (72 Haharina Ave., Dnіpro, 49010, Ukraine)
Email: [email protected]

Article is written in English
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Reference to this article:
Vlasenko, Maryna A. (2014) “Prospects for the Development of the Financial Sector of Ukraine in the Context of European Integration and Institutional Convergence.” Business Inform 8:268–272.

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