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Approaches to analyzing the effectiveness of financial systems: theoretical framework, tools and current challenges

Link for download: Approaches to analyzing the effectiveness of financial systems: theoretical framework, tools and current challenges.docx

Authors: Dmitry Maksimovich Shefer, Konstantin Dmitrievich Temirchev

Annotation: The article discusses the theoretical foundations and traditional methods of evaluating the effectiveness of financial systems. The article analyzes macroeconomic indicators, indicators of financial market development, efficiency of financial institutions, financial accessibility and the institutional environment. Special attention is paid to the limitations and challenges associated with the use of traditional approaches.

Keywords: Financial system, Efficiency, Assessment, Macroeconomic indicators, Financial market, Financial institutions

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