FINANCIAL SYSTEM OF UKRAINE: LEGAL CHARACTERISTICS AND LEGISLATIVE REGULATION

Regulation of Financial System in Iran: A Comparative Evaluation

Regulation and supervision is the main prerequisite for the stability of financial systems. Financial supervision consists of four elements: supervisory rules and regulations, supervisory structure, supervisory performance, and independence of supervisory institutions. The recent international financial crisis has made many countries to restructure the regulation and supervision architecture of...

Behavioral Aspects of Financial Anomalies in Ukraine

This article is devoted to the problems of financial anomalies in Ukraine. Groups of main financial anomalies, and the key reasons for the development of such financial anomalies will be herein defined, and the behavior of the economic agents which frame financial anomalies in Ukraine will be explained. Possibilities for overcoming such financial anomalies will

Legal Personality—Legislative or Judicial Prerogative

Financial Repression in Transition: Evidence from Ukraine

This paper provides a rationale for the relatively poor macroeconomic performance in the post-Soviet transition economies based upon the concept of financial repression. Policies undertaken to assist in financing government expenditures caused financial repression and financial fragmentation, to use the terms introduced by McKinnon (1973). After an introductory section, I introduce a theoretica...

Legal Institutions and Financial Development

A burgeoning literature finds that financial development exerts a first-order impact on long-run economic growth, which raises critical questions, such as why do some countries have welldeveloped growth-enhancing financial systems, while others do not? The law and finance theory focuses on the role of legal institutions in explaining international differences in financial development. First, th...