METHODICAL APPROACH TO THE STRUCTURAL PARAMETERIZATION OF FORMING THE DEVELOPMENT STRATEGY OF NATIONAL FINANCIAL SYSTEM

• Main Authors: Sviatoslav KNIAZ, Nellі HEORHIADI, Olha ZAIATS, Markiyan-Orest SYZON, Yaryna BOHIV, Olena PAVLENKO, Irina YEMCHENKO, Olena KALASHNYK, Svitlana MOROZ, Serhiy STASEVYCH
• Format: Article in Journal/Newspaper
• Language: unknown
• Published: Zenodo 2020
• Subjects: structural parameterization; financial sector; strategy; development; efficiency; Arctic
• Online Access: https://doi.org/10.5281/zenodo.4529067

The practical importance of formalizing the formation processes of development strategy of national financial sector (NSF) of Ukraine is proved. The existing methodological approaches to the NSF formation depending on the position regarding the participation of foreign capital in the financial sector, as well as on the existing and desired number of functioning financial institutions are revealed. The methodological approach to the forming the NSF development strategy on the basis of its structural parameterization is proposed. The proposed approach ensures the procedure optimality by checking the compliance developed by the input, output and internal parameters of its validity. The essence and features of each stage of the procedure, their sequence are characterized, as well as the reasonably selected parameters and the sequence of integrating the partial parameters into the integral ones with the further interpretation of the obtained values are explained. The proposed structural parameterization is practically suitable for application and provides control to the developers of the NSF development strategy over the logic and efficiency of its development.