financial system - a commodity-money relations of economic entities in the financial sector, with its rights and obligations.
Russian financial system is a system consisting of national and regional finance, financial entities and finance ordinary citizens.
Each component of the system there is a specific problem, as they are responsible for the operation of certain relations in the field of finance.
For example, the task of national finances is the accumulation of financial resources available in the state and direction, if necessary, or, in accordance with the approved budget to finance social programs and other state needs.The formation of this source of income for the state at the expense of tax revenues, amounts received from the privatization of state owned entities and government fees.As part of the national finances are made: the federal budget, government lending and insurance, and the federal budget funds.It should also be noted that up to 50% of GDP is redistributed through them in developed countries.It is also a kind of mechanism to stimulate business activity and economic actors.
Federal budget represented by the system matching of revenues and expenses at the level of the state, which must be approved by law.Structure of income and expenses determined by the direction of socio-economic public policy.
financial system is subject to all the changes in its functioning, whether political turmoil or different socio-economic situation.
financial system can not function properly without territorial finance, which are designed to perform tasks similar to finance nation-wide, but with only one difference - in the individual administrative units that are self-managing.They consist of extra-budgetary funds and territorial budgets.Their formation is carried out at the expense of local taxes and fees, local loans, penalties, lotteries and other sources.
As mentioned above, the financial system of the state and includes a component of finance entities.The formation of this power occurs due to profit and depreciation of the business sector.
financial system and financial policy of the state have a close relationship with each other.Try to understand - how is their relationship.
Thus, the financial policy of the state - a set of implemented measures that aim at achieving the goals that are determined by state bodies the financial sector.It is in the framework of this policy are specified, and the main source of direction in the social sphere of financial resources.
One of the measures of financial policy is the establishment of an effective financial mechanism, with which the state activity in the field of finance.Here we can see that the financial system is an instrument of the state, or entity of the financial mechanism.After all, the foundation of this system make financial resources for the formation of which is responsible fiscal policy.Also to its basic components include methods of forming Finance (structure of income), the system of law, responsible for the efficient formation of budget revenues and expenditures.
And, of course, the article would be incomplete if you do not prioritize financial policy.Firstly, the policy must strive to build adapted to the real conditions of the legislation.Secondly, the state with the help of an effective fiscal policy should be to find a "middle ground" of taxation - the optimal tax burden, with the effective functioning of the tax system.Third, to improve the efficiency of the state policy is necessary to plan and forecast the direction of the use of the financial system.
