Nanavov A. Determinants of sustainability and adaptivity of the Great Britain financial system under the conditions of financial and economic turmoil.

Українська версія

Thesis for the degree of Candidate of Sciences (CSc)

State registration number

0414U002331

Applicant for

Specialization

  • 08.00.02 - Світове господарство і міжнародні економічні відносини

28-05-2014

Specialized Academic Board

Д 26.001.02

Taras Shevchenko National University of Kyiv

Essay

The research analyzes both main determinants of sustainability and adaptivity of the Great Britain financial system and factors of functional stability of the banking sector under the con-ditions of financial and economic turmoil. The main indicators of financial activity of the biggest Great Britain banks as well as the degree of their involvement in international interbank markets are analyzed. Research reveals the analysis of financial stability actions that were taken by the Central Banks of the EU and the USA in order to increase the regulative demands of the capital sufficiency and standards of interbank lending in the banking sector. The structure of assets of the Central Bank of England is outlined and analyzed and the role of central bodies of financial supervision in the maintaining of liquidity level of banking sector is considered.Application of fractal analysis to the cyclical time series along with specified and adjusted Hurst exponent enabled formularization of the algorithm of persistence evaluation for GDP time series. As a result, the sequence of time series disquisition that includes gradual ascertainment of such key persistence indices as normalized scale, membership function, V-statistics and memory of time series are calculated and determined.

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