Evaluating The State Of Financial Globalization:Ukraine’s Specific Features

Abstract

This article presents a system for evaluating the state of financial globalization in a given country. It identifies the contemporary distinctive features of globalization in the area of finance. It also systematizes available globalization indicators at all levels of the financial system. It collects and analyzes statistical data with regard to key financial globalization indicators for Ukraine and Russia as countries that will soon become members of the World Trade Organization. Based on this analysis, the article provides an overview of the contemporary distinctive features of the financial sector in these counties in the context of globalization.

Keywords

• globalization
• financial globalization
• cyclic progress of globalization
• financial integration
• globalization indicators
• financial globalization indicators
• financial system