financial system - a collection of certain financial relations, the links of which can be grouped into three main blocks.Each of these blocks is represented by the internal structure:
- centralized finance, presented the state budget and credit, off-budget funds, funds of personal and property insurance, and the stock market;
- decentralized finance, which include finance credit institutions, insurance companies and private pension funds, finance commercial and non-profit organizations;
- personal finance.
Depending on the method of use of equity funds generated the financial system.This is reflected in social reproduction.
example, the use of centralized finance is used to regulate the national economy.With their help resource mobilization to the budgetary system, followed by the distribution of economic regions, sectors of the economy, or specific groups of citizens.
As mentioned above, the financial system - that the presence of decentralized finance, used in the regulation of social and economic relations within the individual entities.It is in this part of the said system formed a significant part of cash resources of the state.
But household finances are a personal finance.In other words, it is certain monetary relations between the citizens, who have a common household and live together.
financial system - is an expression of economic relations, connected with the provision of financial resources of the private, municipal and public sectors, as well as the sphere of circulation, production and households.
International relations in the economic sphere are part of a very complex area of the world economy.It was on their effectiveness and built a universal financial system, which should be focused issues and national and world economies.In other words, any international communication is unthinkable without clearly established system of economic relations.
The world financial system is in economic relations, connected with the world of money and maintenance of certain relationships between some countries, which are expressed in foreign trade, export of capital, investment and tourism.
stable functioning and further development of such a system should be conditional on productivity growth, the creation of an efficient world market and the formation of the global economic system.
Modern economies of many countries are in close cooperation.For example, a financial crisis in one country is a threat to the economic stability of the other.And defaults, bankruptcy and debt moratorium in a given country caused the collapse of exchange rates and shares, defaults and a sharp rise in prices worldwide.
