№ 8/2020

Fìnansi Ukr. 2020 (8): 103–123https://doi.org/10.33763/finukr2020.08.103

SCIENTIFIC DISCUSSIONS

DROBIAZKO Anatolii ¹

¹SESE “The Academy of Financial Management”
OrcID ID : https://orcid.org/0000-0002-0453-0709

Subordination of financial infrastructure levels and tools of the banking segment

The financial system as a set of norms and rules of any type of economy is one of the main elements of ensuring a continuous reproduction process and purposeful development of all its industries and social sphere, and therefore a key link in shaping the country's security. In countries with centralized and command management, most of the market components of the financial infrastructure were not involved, the latter was leading only in the control of resource use, while banks played an important role in regulating the money circulation of economic agents. The modern rather extensive and multidisciplinary banking system, which operates at the sovereign as well as at the supranational levels, takes care of the financial flows of all market counterparties. Beings responsible for the mobilization and placement of part of the temporarily free funds, this established institution guarantees each client the right to own its assets, contributes to the positive dynamics of sectoral and general business activity of households, enterprises and the state. Manifestations of imbalances in contract activities lead to the demonetization of the economy, the decline in confidence in the national currency, the outflow of resources into the shadow sector, negatively affecting the development of the country. The article substantiates the directions of improving the theoretical and practical principles of anti-crisis regulation of financial relations in all dimensions of the global and national economic space, which is extremely relevant in the new economic reality.

Keywords:financial system, infrastructure of economy, infrastructure of finance, infrastructure of financial markets, banking infrastructure

JEL: E58, G21, G23

DROBIAZKO A. . Subordination of financial infrastructure levels and tools of the banking segment / A. . DROBIAZKO // Фінанси України. - 2020. - № 8. - C. 103-123.

Article original in Ukrainian (pp. 103 - 123)

Download

Downloads :164

1. Drobiazko, A. (2017). A view on virtual currencies through the prizm of the theory of money and securities. RFI Scientific Papers, 4, 26–29 [in Ukrainian].
2. Fedosov, V., Drobyazko, A., & Stetsenko, B. (2018). Cryptocurrencies: a chance for overcoming of externals or financial bubble? Intellect XXI, 1, 239–243. Retrieved from www.intellect21.nuft.org.ua/journal/2018/2018_1/52.pdf [in Ukrainian].
3. Drobiazko, A. (2012). Development of the infrastructure of the banking segment of the financial market of Ukraine. Moroz, A. M. (Ed.). Finance, accounting and auditing, 20, 64–77. Kyiv [in Ukrainian].
4. Fedosov V. et al. (2008). Financial infrastructure of a market economy: conceptual approaches. Economy of Ukraine, 11, 57–71 [in Ukrainian].
5. Iefymenko, T. I. (Ed.). (2010). Finances. Budget. Taxes: national and international terminology (in 3 Vols), 2. Kyiv [in Ukrainian].
6. Oparin, V., & Fedosov V. (Eds.). (2016). Financial infrastructure of Ukraine: state, problems and prospects of development. Kyiv: KHEU [in Ukrainian].
7. Ospischev, V. I. (Ed.). (2006). Finance. Kyiv: Znannia [in Ukrainian].
8. Sheludko, V. M. (2008). Financial market (2nd Ed). Kyiv: Znannia [in Ukrainian].
9. Fedosov, V. M., & Yuriy, S. I. (2010). Theory of Finance. Kyiv: TSUL [in Ukrainian].
10. Kidwell, D. S., Peterson, R. L., & Blackwell, D. W. (2000). Financial institutions, markets, and money. St. Petersburg: Piter [in Russian].
11. Sunders, A., & Cornett, M. (2003). Financial Institution management. New York: McGraw-Hill.
12. Mischenko, V. I. (2010). Features of post-crisis reform of the financial sector of Ukraine. Finance of Ukraine, 10, 3–14 [in Ukrainian].
13. Tereschenko, H. M., & Topchii, Iu. V. (2010). Formation and development of credit bureaus in Ukraine. Finance of Ukraine, 10, 65–72 [in Ukrainian].
14. Drobiazko, A. O. (2019). Comparison of export structure and instruments of influence on the economic development of Poland, Romania, Hungary, the Czech Republic and Ukraine. Yurchyshyn, Yu. (Ed.). Modern trade wars and their impact on economic growth and development in the world and Ukraine, 110–119. Kyiv: Zapovit [in Ukrainian].
15. Verkhovna Rada of Ukraine. (2016). On ensuring large-scale export expansion of Ukrainian producers by insuring, guaranteeing and reducing the cost of export crediting (Law No. 1792-VIII, December 20). Retrieved from zakon.rada.gov.ua/laws/show/1792-19#Text [in Ukrainian].
16. People's deputies divided functions of Natskomfinposlug between NBU and NSSMC – the decision is accepted. (2019, September 12). Retrieved from buh.ligazakon.net/ua/news/
189251_nardepi-rozdlili-funkts-natskomfnposlug-mzh-nbu--nktsbfr--rshennya-priynyato [in Ukrainian].
17. Stelmakh, V. S. (Ed.). (2001). Encyclopedia of Banking of Ukraine. Kyiv: Molod: In Ure [in Ukrainian].
18. Sheludko, N. (2019). A “non-market” stock market: Ukrainian realities. Economy and Forecasting, 4, 152–153. Retrieved from eip.org.ua/?page_id=523&aid=795 [in Ukrainian].