ESSENCE OF THE FINANCIAL AND CREDIT SYSTEM OF COUNTRY

Journal Title: Сталий розвиток економіки - Year 2017, Vol 34, Issue 1

Abstract

Purpose. The purpose of the article is research of essence of the financial and credit system of country from position of existing in economic science approaches with the purpose of forming of own interpretation of outlined definition. Methodology of research. The oretical and methodological basis of research are scientific labours of domestic and foreign authors on questions of research of essence of the financial and credit system of country, resources of Internet. In the process of research general and special methods are utillized, in particular: monographic – during realization of literary review of the probed problem; analysis of the systems and structural – at the ground of different approaches and different points of view to interpretation of essence of the financial and credit systems as difficult economic categories. Findings. Going is considered and analyzed near determination of concept the “financial and credit system” in different domestic and foreign scientific sources. Maintenance of the financial system of country is described from positions of functional, institutional and economic approaches. On the basis of analysis of widespread interpretations own determination of the financial and credit system of country is offered. Originality. Systematizing scalene scientific approaches, we are offer author determination of term, in obedience to which it follows to examine the financial and credit system as an aggregate of the financial and credit relations, which arise up between economic subjects, which influence on the processes of forming, distributing, redistribution and use of financial resources. It is well-proven at theoretical level, that a question of research of influence of the financial and credit system on development of economy with the purpose of providing of process of public recreation on the basis of combination of rotation of financial and credit resources is important. As finances and credit are a category isolated, the “financial system” and “credit system” have a concept complete right on separate existence. However to our opinion, deeper to expose essence and maintenance of concept “financial and credit system”, it must be examined above all things from position of combination of afore-mentioned approaches. Practical value. It is got research results by subsoil for the decision of practical problems of the correct scientific going near understanding of these concepts on the modern stage.

Authors and Affiliations

Halyna Sydor, Uliana Andrusiv

Keywords

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  • EP ID EP327559
  • DOI -
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How To Cite

Halyna Sydor, Uliana Andrusiv (2017). ESSENCE OF THE FINANCIAL AND CREDIT SYSTEM OF COUNTRY. Сталий розвиток економіки, 34(1), 167-174. https://europub.co.uk/articles/-A-327559