ВПЛИВ РЕАЛЬНОГО І ФІНАНСОВОГО СЕКТОРІВ ЕКОНОМІКИ НА ЕКОНОМІЧНИЙ РІСТ

Abstract

The article is devoted to the systematization of economic thought on the features of the real and financial sector of the economy on economic growth, given that the functioning of one sector involves interaction with participants in another sector, and features and trends of interaction of these sectors determine the level, direction and effectiveness of socio-economic development. The importance of the real and financial sectors in the economic system is determined. The functions of the real and financial sectors, ways of their interaction and current trends are identified. It is established that the real and financial sectors act both as subjects and as objects of influence on each other and on economic growth in general. In economic thought there is an opinion that such an impact, depending on the specific economic conditions, may be positive, negative, neutral or non-existent, which accordingly affects the proportionality of macroeconomic processes and development. The negative impact of the financial sector is most pronounced in a weak economy, as it depends on a number of macroeconomic factors, while in developed countries, on the contrary, can create favorable conditions for investment and capital inflows into the real sector. Also the main ideas of economic theory on the influence of both sectors of the economy on the proportionality of macroeconomic processes and opportunities for economic growth are considered. The reasons for the disproportionate development of the real and financial sectors of the economy are identified. The complexity of the balanced relationship between the financial and real sectors of the economy, which has a corresponding effect on macroeconomic stability, has been confirmed. This is due to the socio-economic nature and institutional form of interaction between the real and financial sectors, which change with the development of the economic system. It was found that the type of level of development and proportionality of the real and financial sectors of the economy is determined primarily by the level of development of the economic system and requires an individual approach to analysis in a particular country.