Please use this identifier to cite or link to this item: http://rep.btsau.edu.ua/handle/BNAU/4600
Title: Концептуалізація взаємозв’язку між фінансовим ринком, ринком фінансових послуг та фінансовим сектором
Other Titles: Conceptualization of the connection between financial market, market of financial services and financial sector
Authors: Задорожна, Руслана Павлівна
Zadorozhna, Ruslana
Keywords: фінансовий ринок;ринок фінансових послуг;фінансовий сектор;фінансові корпорації;Система національних рахунків;financial market;market of financial services;financial sector;financial corporations;System of National Accounts
Issue Date: 2014
Citation: Задорожна Р.П. Концептуалізація взаємозв’язку між фінансовим ринком, ринком фінансових послуг та фінансовим сектором. Статистика України. 2014. № 4. С. 26-32.
Abstract: Розглянуто підходи вітчизняних та зарубіжних науковців до трактування понять фінансового ринку, ринку фінансових послуг та фінансового сектору. Обґрунтовано концептуальну модель їх взаємозв’язку. З позицій Системи національних рахунків визначено місце фінансових корпорацій у системі відносин на ринку фінансових послуг.
Description: Ukraine's transition to market economy has caused significant changes in the financial system. This led to the necessity of application of new concepts and terms, including the terms of the financial market, market of financial services and financial sector. However, the multiplicity of interpretations complicates the statistical analysis of financial processes, which is central for evaluating the performances, dynamics and future tendencies of a national economy. The analysis of the essence and the correlation between the concepts of financial market, market of financial services, financial sector (sector of financial corporations) shows that they are closely related, but radically different in the meaning. The basis for the correlation of the studied categories is laid by the concept of financial market – an abstract theoretical construct that should be understood as a special kind of market, a set of economic and legal relations of buying and selling of temporarily idle funds. The concept of financial market characterizes the mechanism of the so-called direct funding, which means the "direct" (actually involving institutional units of sub-sector of financial auxiliaries) transfer of temporarily idle funds from their owners to recipients. The concept of market of financial services is legally defined for purposes of regulation of various financial services as an area of financial activities of market participants. The market of financial services includes the markets of service agreements at the financial market and the market of other financial services. The concept of the financial sector (sector of financial corporations) is methodologically and methodically defined, in particular, by the SNA, as a set of resident corporations that provide financial services to other institutional units. The financial sector is, therefore, a set of financial institutions operating in the market of financial services. Financial services for direct financing of transactions in the financial market are provided by institutional units of sub-sector (and also of category) of financial auxiliaries. Financial services for indirect financing agreements are provided by financial intermediaries. Institutional units of other financial corporations category (subsector of captive financial institutions and money lenders) mostly provide financial services within a limited group of units outside the open financial markets. Therefore, due to the availability of appropriate methodologies and methods, the use of the concept of financial sector as a subject of statistical studies on the market component of the financial system seems to be the most reasonable. The concepts of financial market and market of financial services can be used for supplementary and specification purposes, with necessary accounting for the established connections and relationships between them.
URI: http://rep.btsau.edu.ua/handle/BNAU/4600
metadata.dc.identifier.udc: 336.76
Appears in Collections:Наукові публікації

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