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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Olena Oliynyk & Viktor Adamenko & Ludmila Oliynyk, 2015. "The Comparative Analysis of Financial System of Czech Republic, Poland and Ukraine," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 63(6), pages 2067-2076.
    • Handle: RePEc:mup:actaun:actaun_2015063062067
    DOI: 10.11118/actaun201563062067
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    References listed on IDEAS

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    1. Gunter Franke & Jan Pieter Krahnen, 2007. "Default Risk Sharing between Banks and Markets: The Contribution of Collateralized Debt Obligations," NBER Chapters, in: The Risks of Financial Institutions, pages 603-631, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Olena Oliynyk-Dunn & Viktor Adamenko & Pavel Žufan, 2017. "Comparative Analysis of Debt Financing Models in Czech and Ukrainian Agriculture," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 65(5), pages 1729-1739.

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