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2014 (published: 15.09.2014)
Number 3(18)
Home > Issue > Hypothesis of convergence of real and financial sectors of economy
Zueva O.A.
In work different approaches to research of a problem of interaction of real and financial sectors of economy according to which the part of scientists seeks to prove convergence (interrelation) of studied sectors of economy are analyzed, and other group of scientists confirms absence of this interrelation. In this regard research of a problem of interrelation of real and financial sectors of economy is actual. The author makes a hypothesis of convergence of real and financial sectors of the economy which essence is made by relationship of cause and effect between certain prerequisites. One of prerequisites is expressed in change of growth rates of real and financial sectors of economy. The following prerequisite testifies to decrease in rate of return in real sector and its increase in financial sector. The third prerequisite is change of a functional role of each sector in national economy and nature of their interrelation. In compliance with the made hypothesis existence of interrelation between the studied sectors is proved, the economic mechanism of interrelations between real and financial sectors of Russia as the most important problem of increase of efficiency of functioning as subjects of real and financial sectors, and national economy in general is considered.
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Keywords: methodological approach, convergence hypothesis, real sector, financial sector, world financial crisis
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 330.4
Hypothesis of convergence of real and financial sectors of economy
In work different approaches to research of a problem of interaction of real and financial sectors of economy according to which the part of scientists seeks to prove convergence (interrelation) of studied sectors of economy are analyzed, and other group of scientists confirms absence of this interrelation. In this regard research of a problem of interrelation of real and financial sectors of economy is actual. The author makes a hypothesis of convergence of real and financial sectors of the economy which essence is made by relationship of cause and effect between certain prerequisites. One of prerequisites is expressed in change of growth rates of real and financial sectors of economy. The following prerequisite testifies to decrease in rate of return in real sector and its increase in financial sector. The third prerequisite is change of a functional role of each sector in national economy and nature of their interrelation. In compliance with the made hypothesis existence of interrelation between the studied sectors is proved, the economic mechanism of interrelations between real and financial sectors of Russia as the most important problem of increase of efficiency of functioning as subjects of real and financial sectors, and national economy in general is considered.
Read the full article
Keywords: methodological approach, convergence hypothesis, real sector, financial sector, world financial crisis