Evaluating the Relationship Between Financial Sustainability and Socio-Economic Development of Countries

Abstracts

EN

This paper examines the mainstream theories of “financial sustainability” and “financial development”. It is suggested understanding “financial development” as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy factors and the financial market functioning. The paper provides the methodology of relationship between financial sustainability and socio-economic development of countries evaluation. Based on the matrix method, it is proved that the differences in developed and developing countries occur due to the relationship between financial sustainability and financial development.

Keywords

EN

financial sustainability; socio-economic development; financial development; financial sector; financial market

• Publisher: Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
• Journal: Central European Economic Journal
• Year: 2019
• Volume: 6
• Issue: 53

Dates

published

2019-12-23

Contributors

other

Viktoriia Kremen

• National Transport University Kyiv Ukraine

other

Inna Shkolnyk

• Sumy State University Ukraine

other

Andrii Semenog

• Sumy State University Ukraine

other

Olha Kremen

• Kyiv National University of Technologies and Design Ukraine

Identifiers

DOI

10.2478/ceej-2019-0003