Strongly do not hesitate to answer is that the financial system of the Russian Federation - a combination of financial and credit institutions that are engaged in the implementation of financial activity in the country, using the funds of funds.At the same lawyers and economists define the concept in different ways.In this article we will try to understand how to construct the structure of the financial system.We consider the point of view of various researchers of this issue.
economic view of the system of finance
In the economic literature the Russian financial system is seen as a sort of umbrella term that characterizes a set of financial enterprises of different organizational and legal forms of insurance and the state.At the same time, economists isolated elements within these categories.Thus, finance organizations and institutions are divided into cash commercial and non-profit organizations.And insurance is personal, financial, social, or risk insurance, such as liability.But the financial system of the Russian Federation, as mentioned above - that the public finances, as part of which a special place is given to the state budget, extra-budgetary funds and government loans.Thus, economists in the consideration of the basic concepts of its focus is not legislation in this area, and established traditions in its definition.
financial system of the Russian Federation: According to lawyers
As to the legal literature, the authors found that the proposed structure of fellow economists insufficient, because it does not reflect the peculiarities of development of the state in transition to a market economy.That is why the financial system of the Russian Federation legally considered as a set of institutions and financial institutions.It consists of the following elements:
- budget system (federal, republican, territorial, regional budget);
- other centralized and decentralized trust funds;
- finance entities;
- personal and property insurance;
- state and a bank loan.
As you can see, the lawyers are guided by the legislation of the Russian Federation in its budget structure, characterizing the financial system.It should be noted that this approach is much more appropriate, since it gives a clearer understanding of the concept.
structure of the Russian financial system
Many scholars, however, prefer a simple classification of the components of the financial system.In their opinion, should only allocate the budget system, which includes the budgets of all levels, the various state funds and loans, as well as insurance and finance companies.At the same time they pay attention to what is inherent in the financial activities of all branches of power is, in fact, their specific workloads.Finally, they note that the structure of the Russian Finance is in the process of formation.
