Galenko N. International stock market functioning at a crisis conditions of development

The dissertation is dedicated to the study of theoretical and practical aspects of international stock market functioning at the crisis phase of its development. Analysis of the biggest crises at international stock market has been conducted and specific conditions and factors influencing the functioning of international stock market at crisis situations have been researched. Cross functional and specific regularities of the Ukrainian and Central Eastern Europe countries' stock market development have been defined. Modern methods of the assessment of international stock market functioning regarding the theory of effective and fractal markets have been researched and their advantages and disadvantages have been identified. The classification of key phases of the development of international stock market have been justified and author's algorithm of international stock market functioning assessment based on consistent R/S-analysis has been offered. Set of measures for increasing the effectiveness of international and domestic stock market functioning and crisis consequences overcoming have been offered.