Financial market imbalance: reasons and peculiarities of occurrence in Ukraine
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Author(s)Rostyslav Slav’yukLink to ORCID Index: https://orcid.org/0000-0002-0904-8970
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Lyudmyla ShkvarchukLink to ORCID Index: https://orcid.org/0000-0001-7241-3961
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Iryna KondratLink to ORCID Index: http://orcid.org/0000-0001-7401-3128
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DOIhttp://dx.doi.org/10.21511/imfi.14(1-1).2017.09
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Article InfoVolume 14 2017, Issue #1 (cont.), pp. 227-235
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313 Downloads
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Financial imbalance is the reason of a macroeconomic instability. This study aims at identifying the institutional causes of financial markets imbalance. The authors consider that financial intermediaries in Ukraine work in a speculative market segment carrying out high-risk transactions with the purpose of earning a huge profit. In fact, in Ukraine the role of these institutions in the investment process financing is insignificant. The authors show that soundness of banks along with the ease of access to loans and a low level of confidence in national banking system are the main reasons of instability in financial market in Ukraine. Due to scarcity of financial capacity and refusal to carry out transactions in a high-risk market segments, insurance companies are unable to entirely perform functions of risk redistribution. Competitiveness of Ukrainian financial market remains low with a limited financial services nomenclature and it may be considered to be attractive for potential foreign investors.
- Keywords
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JEL Classification (Paper profile tab)E44, G10, G20
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References19
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Tables4
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Figures5
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- Fig. 1. Distribution of financial assets by the main types of financial institutes in Ukraine
- Fig. 2. LTD ratio in the banking system of Ukraine in 1997-2015
- Fig. 3. Flow of state budget subventions from State budget of Ukraine to local budgets in order to overcome results of uninsured events over the period of 2001-2015
- Fig. 4. The value added structure of financial institutions in Ukraine
- Fig. 5. Comparing flow of an average salary in the financial sector
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- Table 1. Rating of indices of financial market development in Ukraine
- Table 2. Pilot parameters of Correlation Regressive Analysis over the period 1997-2015
- Table 3. Pilot parameters of Correlation Regressive Analysis over the period 2001-2015
- Table 4. Pairwise Granger Causality tests
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Regulating Big Data effects in the European insurance market
Donatella Porrini
doi: http://dx.doi.org/10.21511/ins.08(1).2017.01
Insurance Markets and Companies Volume 8, 2017 Issue #1 pp. 6-15 Views: 1988 Downloads: 349 TO CITE АНОТАЦІЯThe article analyzes the regulatory framework in the insurance market in connection with the advent of Big Data, such as information collected from different sources that can be manipulated by new technologies. The use of Big Data offers significant opportunities to the insurance companies in terms of digitization of the distribution channels and greater knowledge of the customers, which is instrumental to a more effective identification of the individual’s risk profile, as well as improvement of the competitiveness. However, regulatory measures are needed for a proper use of Big Data in terms of respect of the individual privacy, potential discrimination and constraint on competition.
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Marzanna Lament ,
Blanka Jarolímová
doi: http://dx.doi.org/10.21511/imfi.18(1).2021.17
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Diagnosis of the socio-economic potential of health insurance
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