Theoretical Aspects of Monetary-Financial Relations
Journal Title: Бізнес Інформ - Year 2015, Vol 6, Issue 0
Abstract
In recent years, the role of monetary-financial relations in the development of both the world economy in a whole and economies of individual countries is increasing. The increase in the number of forms, kinds, methods and mechanisms of modern currency and monetary operations requires clarification of their essence, structure and participants. Therefore, the aim of the article is studying and substantiation of the concept and the structure of monetary-financial relations and operations, as well as classification of their actors. The essence of the monetary-financial relations is disclosed through classification of their concrete forms - financial-monetary operations. The latter should be differentiated as currency operations and financial operations. Monetary-financial relations and operations are implemented by parties, which should be merged into the following groups: operating nationally and internationally, regulatory and subordinate, professional and unprofessional. The influence of individual categories of participants is permanently changing, that is one of the causes of financial instability in the world market. Thus, a national monetary-financial mechanism should be flexible enough to take into account contemporary requirements of the world market, ensuring the optimum market integration of the country.
Authors and Affiliations
Iryna Ivanenko
Keywords
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