Monetary and financial integration in EU: Convergence or divergence?
Journal Title: Financial Markets, Institutions and Risks - Year 2017, Vol 1, Issue 2
Abstract
This study explores the analysis of convergence process of EU countries. The analysis shall proceed through three steps. Firstly, we shall describe our position within the theoretical discourse about convergence theory. Then we shall move on to compare the indicators of monetary and fiscal discipline in select EU Member States. Thirdly, we shall analyse whether a convergence of financial development takes place within the group of European countries.
Structural-functional analysis of the Ukraine banking system
The article analyzes the changes in the financial condition of the banking system during the last years, during the period of intensive reduction of the banking services market. The author has established a stable distri...
Elementary investigation on Division of Labour. Part 1
If the “Division of Labour” is just a process of selecting work point in social system and network by a man not only for retaining self existence but to realize the living of his dream, it is too superficial analysis of...
Cross Country Tax Competition and its Impact on Multinational Corporations – a Theoretical Re-examination
The recent wave of globalization has made the global corporations to take advantage of the international tax differences and suitably shift their profits from low tax to high tax jurisdictions. In this paper, we consider...
Corporate Governance and profitability: Evidence from Indian IT companies
Corporate governance provides the guidelines to the companies how can be directed and controlled. The objective of this study is to examine the relationship between corporate governance mechanisms and profitability for t...
Risk Management and Behavioral Finance
Risk management is still dated in concept. It assumes a compliance approach. Current risk management approaches have failed in predicting both macro-economic and micro-economic setbacks and disasters. This is because fin...