Bìznes Inform (Apr 2018)
The Theoretical-Methodological Foundations of the Financial Market Research
Abstract
The article is aimed at identifying the essence, clarifying the tasks and place of market in the financial system of the country, analyzing and deepening the existing approaches to the allocation of its infrastructure and segments, as well as generalization of the concept of their classification. The financial market is analyzed as an important component of the financial system together with its impact on economic growth. Approaches of researchers to definition of essence, tasks, infrastructure and structure of segments of financial market are considered. Both functional and institutional approaches to identifying the essence of the financial market have been allocated, both the system and the structural analysis have been carried out, the basic principles of functioning and the determinants of development have been allocated. The classification of the structure and segmentation of the financial market are researched, the author’s interpretation of the essence of financial market is provided, the own concept of its segmentation is developed from the standpoint of financial instruments. On this basis the necessity of further deep theoretical-methodological improvement of the strategy of reforming of the whole financial sector of the State is substantiated.
