Securities market in Ukraine: retrospective of formation and priorities of development

  • Stepan Holubka The Academy of Financial Management
  • Dmytro Benedysjuk National University of «Kyiv-Mohyla Academy»
Keywords: securities market, periodization of development, Privatization Property Certificates, immigration bonds, municipal bonds, insurance «Unit-linked»

Abstract

The main stages of development of securities market in the world were discussed. The features of market functioning during the Soviet period were analyzed. The periodization of development of securities market in Ukraine during the independence period using structural and functional approach was implemented. The high value for the development of the securities market by releasing in 1995 Privatization Property Certificates were found which destroyed the foundations of the development of financial activity of population and contributed to the development of monopolized economy. The statistical analysis of development of market was conducted and priorities of development for the progressive raise of financial resources were proposed.

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Author Biographies

Stepan Holubka, The Academy of Financial Management

Holubka S., Doctor of Economic Sciences, Associate Professor, Professorof Department of Finances and Credit

Dmytro Benedysjuk, National University of «Kyiv-Mohyla Academy»

Benedysjuk Dmytro, Student

Published
2016-06-30
How to Cite
Holubka, S., & Benedysjuk, D. (2016). Securities market in Ukraine: retrospective of formation and priorities of development. University Economic Bulletin, (30/1), 146-152. Retrieved from https://economic-bulletin.com/index.php/journal/article/view/345
Issue
No 30/1 (2016): University Economic Bulletin
Section
Finance, Monetary Circulation and Credit
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.