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Assessment of financial convergence of Ukraine with the CIS countries and the European Union

Author

Listed:
  • Kozmenko, Serhiy
  • Savchenko, Taras
  • Kazarinov, Dmytro

Abstract

The article evaluates the financial convergence criteria of Ukraine with the major countries of the Commonwealth of Independent States: Russia, Kazakhstan and Belarus. It also studies the criteria of financial convergence of Ukraine with its main trading partners in Europe: the Eurozone, Poland, Hungary and the Czech Republic. Using the results of the comparative analysis the conclusion has been made that Ukraine has a bigger financial convergence with the CIS countries.

Suggested Citation

  • Kozmenko, Serhiy & Savchenko, Taras & Kazarinov, Dmytro, 2012. "Assessment of financial convergence of Ukraine with the CIS countries and the European Union," MPRA Paper 50782, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:50782
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    File URL: https://mpra.ub.uni-muenchen.de/50782/1/MPRA_paper_50782.pdf
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    References listed on IDEAS

    as
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    6. repec:zbw:bofitp:2007_016 is not listed on IDEAS
    7. Michael Sturm & Nikolaus Siegfried, 2005. "Regional monetary integration in the member states of the Gulf Cooperation Council," Occasional Paper Series 31, European Central Bank.
    8. Sturm, Michael & Siegfried, Nikolaus, 2005. "Regional monetary integration in the member states of the Gulf Cooperation Council," Occasional Paper Series 31, European Central Bank.
    9. Frankel, Jeffrey A, 1992. "Measuring International Capital Mobility: A Review," American Economic Review, American Economic Association, vol. 82(2), pages 197-202, May.
    10. Weimann, Marco, 2003. "OCA theory and EMU Eastern enlargement: An empirical application," Research Notes 8, Deutsche Bank Research.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Michał Fronc & Piotr Mielus, 2017. "Financial convergence on emerging markets: the case of CEE countries," Bank i Kredyt, Narodowy Bank Polski, vol. 48(2), pages 149-172.

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    More about this item

    Keywords

    economic integration; financial convergence evaluation criteria; financial convergence of Ukraine with the CIS countries; financial convergence of Ukraine with the EU countries.;
    All these keywords.

    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

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