The Essence of Financial Architecture and Its Significance in the Theoretical and Practical Plane of Modern Financial Science

The Essence of Financial Architecture and Its Significance in the Theoretical and Practical Plane of Modern Financial Science

Blog Article

The article is aimed at defining the essence of financial architectures and its significance in the theoretical and practical plane of modern financial science.Based on an analysis of approaches to Edibles defining the essence of the concept of «financial architecture» the author’s own interpretation is proposed: the financial architecture of the national economy is: on the one hand, the institutional matrix of the national financial system with a well-built construction of the ordered components, functional relationships between them, specific weight and proportions of organizational, financial-economic and institutional relationships in the overall volume of the national economy, taking into account the impact of changes in the external environment; on the other hand, a totality of institutions, norms, rules, laws, agreements, etc.(social, political, formal and informal), through which the relationships between the Wooden Dollhouse Accessories subjects of financial and economic activity are formed, ensuring the efficient functioning and sustainability of the financial system in the dynamics of development.