Increasing the competitiveness of banks in Ukraine: factors of institutional influence
Journal Title: Науковий вісник Полтавського університету економіки і торгівлі. Серія "Економічні науки" - Year 2017, Vol 2, Issue 80
Abstract
Annotation. The purpose of the article is to determine the competitiveness of banks and the state in Ukraine as the driving forces of institutional transformations, strategic players who possess the necessary mechanisms for the formation of a highly competitive institutional environment. Methodology of research. The solution of the set tasks is carried out with the help of such general scientific methods of research – dialectical, systemic, graphic, comparative analysis, analysis and synthesis. Findings. Based on the analysis of world ratings for Ukraine and its banks it is proved that the main source of competitive development is the formation of a favorable institutional environment, in particular, the mechanism of property redistribution and the system of contracts. It is proposed to implement institutional transformations through the formation of the market of banking institutions. Practical value. The article substantiates that the introduction of proposals will help increase the competitiveness of Ukraine and its banking system in international comparisons. The main scientific provisions of the article can be used in the implementation of the financial policy of the state.
Authors and Affiliations
Yulia Kovalenko
Keywords
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