Please use this identifier to cite or link to this item:
https://essuir.sumdu.edu.ua/handle/123456789/82628
Or use following links to share this resource in social networks:
Tweet
Recommend this item
Title | State financial security: Comprehensive analysis of its impact factors |
Authors |
Shkolnyk, Inna Oleksandrivna
Kozmenko, Serhii Mykolaiovych Polach, J. Wolanin, E. |
ORCID |
http://orcid.org/0000-0002-5359-0521 http://orcid.org/0000-0001-7710-4842 |
Keywords |
system financial institute public finance money stock market stability |
Type | Article |
Date of Issue | 2020 |
URI | https://essuir.sumdu.edu.ua/handle/123456789/82628 |
Publisher | Foundation of International Studies |
License | Creative Commons Attribution 4.0 International License |
Citation | Shkolnyk, I., Kozmenko, S., Polach, J., & Wolanin, E. State financial security: Comprehensive analysis of its impact factors. Journal of International Studies. 2020. Vol. 13, № 2. Р. 291-309 |
Abstract |
Ensuring the financial security of a country is one of the main
tasks in formulating strategic objectives for the development of the
financial system. Given that each country has its own characteristics
in terms of the financial architecture, which manifests itself in its
model, in the state of public finances and their importance for the
economic development of a country, etc., the assessment of the
financial security status will have its differences not only in the list
of indicators, but also in the structural relations among them.
Therefore, this study assessed the level of financial security, carried
out its structural analysis, and identified the factors influencing it,
using the case of Poland and Ukraine. Based on data for 2007–2018,
the countries’ financial security is analyzed by four indicator groups
that characterize the development level of financial institutions, monetary market, stock market and public finance. Using
Harrington’s Desirability Function, an integrated financial security
indicator was created for each country. Both countries showed a
positive trend to increase the level of financial security, while the
value of the financial security indicator corresponds to the desired,
satisfactory, level. At the end of the analyzed period, Poland showed
a high level of financial security. For factor analysis, the factors were
selected that characterized Freedom from corruption, Property
rights, Fiscal freedom, Business freedom, Labor freedom, Trade
freedom, and Investment freedom. As a result, it was found that,
Freedom from corruption and Business freedom had the greatest
impact on the level of financial security in Poland, while Business
freedom and Trade freedom were the most influential on the
financial security of Ukraine. |
Appears in Collections: |
Наукові видання (ННІ БіЕМ) |
Views
Armenia
1
Australia
-1114746328
Bahrain
1
Belgium
1
Brazil
1
Canada
55940
China
351884594
Côte d’Ivoire
1
Denmark
1
France
1
Germany
1049008476
Hong Kong SAR China
1
India
1
Indonesia
204587
Iran
1
Ireland
159208
Japan
1
Lithuania
190786264
Malaysia
190786243
Mongolia
1
Netherlands
1
Nigeria
1
Pakistan
1194968302
Philippines
1194968310
Poland
1
Romania
51162
Singapore
2126653255
Slovakia
1
South Africa
1
South Korea
1
Sweden
1
Taiwan
1194968307
Tanzania
842872
Turkey
1
Ukraine
686311502
United Arab Emirates
190786260
United Kingdom
1437198537
United States
-1165173984
Unknown Country
-1030426756
Vietnam
1194968291
Downloads
Argentina
1
Australia
1
Belgium
1
Canada
30166
China
-357722545
Ecuador
1
Egypt
1
France
-357722548
Germany
-357722546
Greece
1
Guyana
1
Hong Kong SAR China
1
India
2121441661
Indonesia
-1114746328
Iran
2121441659
Iraq
1
Japan
1
Jordan
1
Kenya
1
Latvia
1
Lithuania
842854
Malaysia
190786253
Mongolia
1
Netherlands
351884596
Nigeria
1
Pakistan
-357722550
Philippines
-2107372659
Poland
-357722544
Romania
1
Russia
-2107372660
Saudi Arabia
1
Singapore
6250834
Slovenia
1
South Africa
1
Switzerland
1
Taiwan
1
Togo
1
Turkey
190786257
Ukraine
-2107372658
United Kingdom
1437198534
United States
-357722539
Unknown Country
1504512823
Uzbekistan
1
Vanuatu
1
Vietnam
1437198538
Files
File | Size | Format | Downloads |
---|---|---|---|
Shkolnyk_State_financial_security.pdf | 962.6 kB | Adobe PDF | -220825378 |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.