Trends in the development of regional trust management markets
Journal Title: ACCESS: Access to science, business, innovation in the digital economy - Year 2021, Vol 2, Issue 3
Abstract
The article discusses the features of the development of the trust management services market. The purpose of the article is to determine the regional features of the development of the trust management services market. The article uses the methods of quantitative empirical research, statistical analysis and visualization, analysis and assessment of the regional dynamics of the main instruments of trust management. The formation of the trust management market takes into account the peculiarities of the development and economies of individual countries, regional regulatory characteristics. Trust management is widespread in advanced countries, while in other countries this market is just emerging. In general, the trust management market in the countries of Eastern Europe and Russia in particular is only in the process of formation, although the services themselves have a long history of development. They are most often viewed as part of the overall market for banking or insurance services. At the present stage, there is a selection of a separate market segment, determination of the place of trust services in the structure of banking services, identification of regional characteristics in the structure of the global market. The peculiarities of the Russian securities market are: active participation of the state in the processes of market trading, a large number of government securities on the market and a relatively low level of involvement in global processes. The market is relatively small, but its development is quite dynamic. The key prerequisites for the development of the market are: the relative closeness of the market, government regulation, a decrease in the attractiveness of other banking or financial instruments, and an increase in the general welfare of investors.
Authors and Affiliations
Stanislav PERMINOV
Keywords
Related Articles
- EP ID EP696897
- DOI https://doi.org/10.46656/access.2021.2.3(5)
- Views 114
- Downloads 0
Developing hybrid recommendation systems: Ukrainian dimension
The lack of a consistent strategy to product recommendations, as well as the range of effective techniques to offering suggestions, are reflected in the variety of current recommendation systems. The study presents the o...
Comprehensive evaluation of labour efficiency at macro- and mesoeconomic levels in Ukraine
The article is devoted to the evaluation of labour efficiency at macro- and mesoeconomic levels in order to form the principles of public administration. Special attention is paid to the development of a complex approach...
Innovations in the system of local self-government in Poland in the process of shaping modern administration
In the process of shaping a modern administration, the key issue is to build a rational political basis and activities of this administration. Self-government administration occurs in individual territorial division unit...
Pandemic era and its impact on the investment and business environment – Georgian case
In the modern world, which is experiencing more globalization, the entrepreneurship and its development are important. Business at the modern stage is one of the most promising areas to stimulate the economy, business su...
Analysis of supply and demand in the labor market of Ukraine: regional aspect
This article is concerned with the analysis of supply and demand for labor in the regional labor market of Ukraine on the example of the Dnipropetrovsk region. The article presents the analyzes of such theoretical issues...