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Assessment of financial convergence of Ukraine with the CIS countries and the European Union

Kozmenko, Serhiy and Savchenko, Taras and Kazarinov, Dmytro (2012): Assessment of financial convergence of Ukraine with the CIS countries and the European Union. Published in: Banks and Bank Systems , Vol. 7, No. 4 (21 December 2012): pp. 5-17.

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Abstract

The article evaluates the financial convergence criteria of Ukraine with the major countries of the Commonwealth of Independent States: Russia, Kazakhstan and Belarus. It also studies the criteria of financial convergence of Ukraine with its main trading partners in Europe: the Eurozone, Poland, Hungary and the Czech Republic. Using the results of the comparative analysis the conclusion has been made that Ukraine has a bigger financial convergence with the CIS countries.

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