Economic Performance and Financial Stability: Case of the Eurasian Economic Union
Pošta V. Mukusheva A. Kuchukova N.
2022Institute of Geography of the Slovak Academy of Science
Ekonomicky casopis
2022#70Issue 122 - 35 pp.
The paper presents an empirical evaluation of the relationship between some of the financial stability indicators and economic performance. It is focused on the sample of the members of the Eurasian Economic Union. Given some data limitations, dynamic panel analysis is performed. Nonperforming loans are identified as an important indicator of financial stability along with private credit and liquid reserves of commercial banks. These results are in line with many published studies focused on different sets of countries. Contrary to some published results no or little support is identified in the case of the number of commercial bank branches per capita and bank capital to asset ratio.
economic performance , Eurasian Economic Union , financial stability , GMM , panel estimation
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University of Economics, Prague, Faculty of Business Administration, Department of Microeconomics, nám. W. Churchilla 1938/4, Prague 3, 130 67, Czech Republic
L. N. Gumilyov Eurasian National University, Satpayev Str., 2, Nur-Sultan, Kazakhstan
University of Economics
L. N. Gumilyov Eurasian National University
10 лет помогаем публиковать статьи Международный издатель
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