PROBLEMS OF STRENGTHENING OF FINANCIAL MARKETS OF EAEU MEMBER COUNTRIES

Abstract

The financial services market of the EAEU countries includes three main areas: banking, insurance and securities market services. Their development is associated with the strengthening of the financial markets of the EAEU member countries and the deployment of business activities within the EAEU. The lack of resources, in particular investment and financial, of the EAEU members has become a limiting factor for achieving stable economic growth. Financial markets of the countries are not capable to provide affordable financing for the real sector of the economy, which naturally has a negative impact on the opportunities for their advanced growth and development and determines the increasing dependence on foreign sources of financing. The article argues the hypothesis of improving the policy of development of financial markets of the EAEU member countries.