Functions of Finance as a Factor in the Development of Financial Law
( Pp. 54-57)
More about authors
Yulia A. Krokhina
Dr.Sci.(Law), Professor, Head of the Department of Legal Disciplines of the Higher School of State Audit
Lomonosov Moscow State University
Moscow, Russia
Lomonosov Moscow State University
Moscow, Russia
Abstract:
Abstract: The purpose of the article is to identify the functions of finance as a system-forming category of financial law that influences the dynamics of financial and legal regulation. Based on the results of the study, the following conclusions were drawn: finance, being an economic category, is integrated into a large part of the monetary turnover of the economy and inevitably performs certain functions that are objectively prescribed by the very fact of its existence; the thesis is substantiated that among the key functions of finance, their target function deserves special attention; the fundamental role of the objective function is shown. The legal mechanisms for ensuring the target function of finance are shown. Factors of transformation of finance functions have been identified. It is substantiated that legal regulation should focus on creating effective mechanisms for the implementation of financial policies, covering both public and private finance.
How to Cite:
Krokhina Yu.A. Functions of Finance as a Factor in the Development of Financial Law // Gaps in Russian Legislation. 2024. Vol. 17. №2. Pp. 054-057. (in Russ.). DOI: 10.33693/2072-3164-2024-17-2-054-057. EDN: MNJXBA
Reference list:
Lushin S.I. On the functions of finance: Historical aspect / S.I. Lushin //Finance. 2005. No. 7. pp. 54–58.
Minakir P.A. World economy: the perfect storm // Spatial economics. 2022. T. 18. No. 2. P. 7–37.
Okorokova O.A. Palliative dilemmas of the essence and functions of finance // Natural-humanitarian studies No. 38 (6), 2021. pp. 265 – 268.
Panova G.S., Larionova I.V. Finance in Russia and the world: conceptual aspects. Finance: theory and practice. 2023;27(3): 105-114.
Ulybina L.K., Shipilov D.V. Functions of state and municipal finance // Journal of Economy and Business, vol. 12-3 (70), 2020. pp. 160-163.
Cherkashin V. E. Finance: theoretical aspect // Finance: monthly theoretical and scientific-practical journal / Ministry of Finance of the Russian Federation. M., 2023. No. 6. P. 56–59.
CHerkashin V. E. Finansy: teoreticheskiy aspekt // Finansy: ezhemesyachnyy teoreticheskiy i nauchno-prakticheskiy zhurnal / Ministerstvo finansov Rossiyskoy Federatsii. M., 2023. № 6. S. 56 59.
Minakir P.A. World economy: the perfect storm // Spatial economics. 2022. T. 18. No. 2. P. 7–37.
Okorokova O.A. Palliative dilemmas of the essence and functions of finance // Natural-humanitarian studies No. 38 (6), 2021. pp. 265 – 268.
Panova G.S., Larionova I.V. Finance in Russia and the world: conceptual aspects. Finance: theory and practice. 2023;27(3): 105-114.
Ulybina L.K., Shipilov D.V. Functions of state and municipal finance // Journal of Economy and Business, vol. 12-3 (70), 2020. pp. 160-163.
Cherkashin V. E. Finance: theoretical aspect // Finance: monthly theoretical and scientific-practical journal / Ministry of Finance of the Russian Federation. M., 2023. No. 6. P. 56–59.
CHerkashin V. E. Finansy: teoreticheskiy aspekt // Finansy: ezhemesyachnyy teoreticheskiy i nauchno-prakticheskiy zhurnal / Ministerstvo finansov Rossiyskoy Federatsii. M., 2023. № 6. S. 56 59.
Keywords:
finance, finance functions. financial control, financial policy, financial law, target function..
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