MODERN UNDERSTANDING CONCEPTS AND STRUCTURE OF THE FINANCIAL SYSTEM
Journal Title: Юридичний науковий електронний журнал - Year 2016, Vol 5, Issue
Abstract
In the article the problem issues of modern financial system are studied. The system associated with the category of finance, because the finances are integrated uniform system, and therefore carry the sign of consistency. Modern financial system of the state can be seen, firstly, as a combination of financial and legal institutions, each of which contributes to the formation of funds (institutional aspect); secondly, as a combination of state bodies and institutions engaged in financial activities (functional aspect). Grounded position, why the financial system shows by itself exactly system, but not plural of unconnected elements. The peculiarities proving the systematic character of financial system are revealed. The conceptions of legal understanding of financial system and its structure are analyzed. By the financial system of structures include: 1) stock concept, which provides for a financial system such as link budget, off-budget funds, credit fund, insurance fund, financial resources entities, with subsequent differentiation of types and kinds of financial assets; 2) defines the concept of institutional parts of the financial system of government revenues, government expenditures, insurance, government and bank loans, money circulation, etc; 3) subjects concept provides for the allocation of organs, which secured control relevant structural unit of the financial system. In general the structure of the financial system are: the state budget, the budget of the Autonomous Republic of Crimea, local budgets, extra budgetary funds centralized public purpose, state credit, insurance funds, finance companies of all forms of ownership.
Authors and Affiliations
Т. С. Ганзицька
Keywords
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