Co-investing institutes in the system of saving activity factors of Ukrainian people
Journal of European Economy, Volume 10, Issue 1, March 2011, pp.39-48
|JEL: E22||Full text (PDF)|
The paper is concerned with the issues of Co-investing Institutes’ securities popularization among the Ukrainian people. The main factors are determined conditioning the individuals’ investment choice of different investment directions in the financial market of Ukraine, also the measures are substantiated aimed at investment attractiveness increase of national Co-investing Institutes’ securities.
Home bias effect in prospect of financial globalization
Journal of European Economy, Volume 7, Issue 1, March 2008, pp.89-101
|JEL: E20, E22||Full text (PDF)|
The author analyzes theoretical approaches to the problem of home bias effect. The tendency to a weakening home bias effect on the macro- and microlevels is shown empirically. The author asserts that this tendency roads to higher allocation efficiency of global capital markets and the capacity of the macropolicy to level out consumption. However, it also bears certain risks from the global financial stability perspective.
Aleksandr Kruglenia, Andrey Blinov
Application of protectionist policy in the modern world
Journal of European Economy, Volume 6, Issue 2, June 2007, pp.151-166
|JEL: F13, E22
||Full text (PDF)|
The authors offer a theoretical substantiation of the hypothesis about the direct relationship between investment flows and import restrictions: after introduction of the quota, imposition or increase of the customs duty – the capital starts to inflow into the economy of this country. The major investors in this case are international companies, which view the country that applies protectionist policy instruments as a promising market which is worth of being fought for and participating in its redistribution. The theoretical substantiation of the hypothesis is supported with propositions about optimization of government’s activity in pursuing the protectionist policy, as well as with empirical findings from the history of international companies, including those on the territory of the Belarus Republic. The authors formulate the theoretical basics of the preventive blow which precedes the imposition of import restrictions. The sphere of hypothesis application is state management of economy.