IMPROVEMENT OF METHODICAL APPROACH TO COMPREHENSIVE ASSESSMENT OF COUNTRIES’ FINANCIAL MARKETS DEVELOPMENT (ON THE EXAMPLE OF THE EUROPEAN UNION)
Journal of European Economy, Vol. 12, Number 2, June 2013, p 190-213
|JEL: G15, F30
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The theoretical generalization of countries’ financial markets development assessment issue investigation was conducted, potential factors of financial mar-kets 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 devel-opment with the usage of the Composite Index as the instrument of assessment (in the example of the European Union countries) was offered.