Open AccessA SYSTEMATIC VIEW OF THE DEBATABLE NATURE OF FINANCIAL SCIENCE AS A WAY TO OVERCOME IT
Author(s) -
Т. Е. Бондарь
Publication year - 2021
Publication title -
vestnik polockogo gosudarstvennogo universiteta. seriâ d. èkonomičeskie i ûridičeskie nauki
Language(s) - English
Resource type - Journals
eISSN - 2710-1916
pISSN - 2070-1632
DOI - 10.52928/2070-1632-2021-56-5-15-20
Subject(s) - subject (documents) , finance , work (physics) , financial engineering , economics , positive economics , computer science , mechanical engineering , library science , engineering
The author draws the attention of the business community to the fact that the distributive concept of Finance (on which the Belarusian theory of Finance is based) has almost completely ceased to work at the level of microeconomics. The existing theoretical views on Finance are outdated, they remain in the same time coordinates, and are no longer supported by practice. The most important attributes of organizations 'finances no longer work unconditionally, which makes it impossible to differentiate the terms "money" and "Finance". The reasons for the negative impact of this circumstance on the real sector of the economy, financial education, and the scientific and ethical sphere are given. The necessity of reducing the debatable nature of Finance is formulated and justified. It is suggested that the reason for the long-drawn-out discussions of Finance is the lack of a systematic view of this problem. In the course of the research, the need to systematize the information available to us about the debatable nature of Finance, by establishing the most important aspects of its knowledge: the subject, causes, consequences, and ways to overcome it.