IMPROVEMENT OF METHODICAL APPROACH TO COMPREHENSIVE ASSESSMENT OF COUNTRIES’ FINANCIAL MARKETS DEVELOPMENT (ON THE EXAMPLE OF THE EUROPEAN UNION)
Keywords:
Assessment of countries’ financial markets development, potential determinant factors of development, methodical approaches to comprehensive assessment, Composite Index, countries of the European Union.Abstract
The theoretical generalization of countries’ financial markets development assessment issue investigation was conducted, potential factors of financial markets development have been defined, the existing methods for assessment of countries’ financial markets development were reviewed, the shortcomings and their improvement necessity were revealed, the improved methodical approach to comprehensive assessment of (group of) countries’ financial markets development with the usage of the Composite Index as the instrument of assessment (in the example of the European Union countries) was offered.
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