Distribution Of Financial Resources Research Articles

The current state of mental healthcare in Bangladesh: part 2 - setting priorities.

This is the second of a two-part profile on mental healthcare in Bangladesh. It describes the state of mental health research in the country and presents a set of priorities for addressing improvements to the fundamental gaps in mental healthcare highlighted in part 1. Focus on building infrastructure for public mental health facilities, training skilled mental health professionals, adequate distribution of financial resources and addressing stigma are all priorities that will contribute to significantly improving mental healthcare in Bangladesh.

Refund Methods and Diagnosis-Related Groups Made to Health Institutions in Turkey

There are many difficulties in applying repayment methods. Reimbursement methods made to healthcare service providers determine an important quality in the provision of health services. The types of reimbursement methods made significantly affect the care services that patients should receive and the expenditures made. Repayment methods, the use of quality services that are tried to be put forward with the scarce resources available, act as a bridge between service providers and paying institutions. Because of this benefit, the use of Diagnosis-Related Groups and other payment methods, which are tried to be widespread, in health institutions, is tried to be made effective. In particular, the study focuses on the reimbursement methods made to health institutions in Turkey. In addition, the formation of Diagnosis-Related Groups in Turkey and the reimbursement methods based on Diagnosis-Related Groups in Turkey were mentioned. At the end of the study, it was seen how the repayments attempted to be made affect the distribution of financial resources among health institutions and how important it’s in dealing with the payment methods of Diagnosis-Related Groups was obtained. It’s thought that the study carried out will fill the gap in the literature and lead the future researches.

Determinants of Volatility of the Derivative Financial Instrument in Ukraine

The article discusses empirical calculations of sustainable development and volatility of derivative financial instruments in the banking system. The methodical approach to forecasting the index of the first stock trading system (FSTS) for sustainable market development is presented, considering the lack of normal distribution of financial resources in the banking system. It is substantiated that when choosing the volatility model and setting the option price, it is important to consider the theoretical generality and composition of the volatility structure, which is able to effectively and accurately estimate the parameters. It is proved that the rate of average volatility variable for modeling, analysis and stable assessment of important market parameters (i.e., local volatility) is determined using the moments of past periods. The real and forecast value of FSTS volatility at different values of the model parameter is developed. A model of implied volatility for the FSTS index is built. It is substantiated that the formulation of stable market development of derivative financial instruments takes into account all its semantic and financial features of resisting the influence of external and internal factors (shocks, imbalances) and maintaining dynamic equilibrium to ensure parameters of the entire financial system needed to form positive feedback between financial and real sector of the economy. The ratio of world GDP and the nominal value of derivative financial instruments were estimated. Maps of the market value of over-the-counter DFI, gross risk exposure in the over-the-counter DFI market and the nominal value of exchange-traded PFI are presented. The factor models of influence on the development of the exchange-traded and over-the-counter PFI market of world and national levels are constructed.

Has Digital Financial Inclusion Narrowed the Urban-Rural Income Gap: The Role of Entrepreneurship in China

The combination of digital technology and finance has brought about a new development model for financial inclusion. What impact will it have on the current imbalance in the distribution of financial resources and the urban-rural income gap in China? To answer this question, this paper uses relevant data from 2014–2018 to study the impact of digital inclusive finance on the urban-rural income gap from the theory of financial exclusion, and analyzes the transmission of digital inclusive finance through alleviating financial exclusion, widening financing channels and helping residents with entrepreneurial spirit to start their own businesses, thus increasing jobs, raising the income of rural residents and reducing the urban-rural income gap. The conclusions are as follows: (1) digital inclusive finance can significantly converge the urban-rural income gap; (2) among the dimensions of digital inclusive finance, only the breadth of coverage can significantly reduce the urban-rural income gap, while the effects of depth of use and digitalization are not significant; (3) digital inclusive finance can alleviate the urban-rural income gap through the transmission mechanism of promoting residents’ entrepreneurship; (4) the worse the regional economic development and education, the better the effect of digital inclusive finance on the urban-rural income gap. This paper combines the above results to propose corresponding policy recommendations.

Donor Financial Capacity Drives Racial Inequality in Medical Crowdsourced Funding

Abstract Americans facing large health-related expenses have increasingly turned to online crowdsourced funding for support, initiating 250,000 medical fundraisers on GoFundMe in 2018. Recent research indicates that these fundraisers yield inequitable outcomes, with White crowdfunding beneficiaries receiving higher levels of support than non-White beneficiaries. Researchers fear that racialized impressions of deservingness may be a driver of unequal returns in crowdfunding. However, rather than being a direct effect of interpersonal racism, differences in returns may be an indirect effect of the systemic racism that causes the social networks of Black and Hispanic Americans to have lower access to financial capital. This paper is the first to focus on how unequal access to monetary capital in networks of potential crowdfunding donors drives unequal returns for beneficiaries. I analyze a geographically stratified sample of 2,618 GoFundMe campaigns coded for perceived race and ethnicity of the beneficiary. I estimate donor financial capacity for each campaign based on the geography of Facebook friend networks and the most likely racial and ethnic makeup of the donor pool, based on donor surnames. I show that variations in the estimated income of potential donors can account for much of the deficit in returns. Thus, even in the absence of interpersonal discrimination, crowdfunding is unlikely to yield equitable outcomes given the current distribution of financial resources in the United States.

THE INTERPLAY BETWEEN THE GLOBAL ISLAMIC FINANCE AND ECONOMIC GROWTH OF MUSLIM COUNTRIES

Abstract. The article discloses development peculiarities of the global Islamic financial industry and determines its interplay with the economic growth of Muslim countries. The aim of the article is to reveal current trends in key segments of the global Islamic finance market (Islamic banking, capital market and Iinsurance) and analyze the impact of each of them on the economic growth of the countries, which are most developed in the field of Islamic finance. The countries surveyed were selected according to the Islamic Finance Development Indicator (IFDI), which reflects the general state of the Islamic financial industry worldwide and in each country. IFDI is based on five indicators: quantitative development (QD), knowledge, governance, corporate social responsibility (CSR) and awareness. In 2019, the United Arab Emirates (UAE), Bahrain, Indonesia, Malaysia and Saudi Arabia were the most developed countries in terms of Islamic finance. Examining the impact of different types of Islamic financial assets on the GDP of these Muslim countries, we used Eviews10 to conduct a regression analysis, which showed a positive relationship between GDP and only two types of assets, namely bank and Islamic bonds (sukuk). associated with significant volumes of these segments of the global Islamic financial market and the tradition of investing in key sectors of the economy. We discovered the negative relationship between GDP and Islamic insurance (Takaful) in all countries studied, which can be explained by ineffective investment strategies of Islamic insurance companies, which suffer from low profitability and are unable to increase their assets in line with current trends in innovation and development. We also found the inverse relationship between Islamic funds and GDPs of the UAE, Malaysia and Saudi Arabia, which may be related to the distribution of financial resources from these countries to other parts of the world and investment cycles, including the waiting period before repatriation of profits and interest; the concentration of funds in major markets makes it impossible to scale their activities in the global market. Keywords: Global islamic finance, Islamic banking, Islamic capital market, Sukuk, Islamic funds, Takaful, Economic growth. JEL Classification G15, O43, O53, Z12 Formulas: 1; fig.: 1; tabl.: 5; bibl.: 20.

FINANCIAL MANAGEMENT OF MICRO-ENTERPRISES IN LATVIAN FISHERIES SECTOR

competitiveness of the Latvian fisheries sector in the long term depends on thought-out financial management of enterprises and objective and timely identification of various risks. Sound and innovation- and knowledge-based entrepreneurship can contribute to substantial success and growth. The aim of the research is to assess the financial management of micro-enterprises in the Latvian fisheries sector, at the same time providing recommendations for the need in structural reforms and ensuring sustainable financial stability. Based on the chosen assessment methodology, the skills and opportunities of micro-enterprises in creation of capital structure, distribution of financial resources and return were analysed. The information reflected in the framework of the research can assist the institutions, entrepreneurs and researchers involved in establishment and implementation of fisheries policy to better understand the need in successful financial management to ensure a sustainable operation of the sector.

Analysis of the financing activities of European football leagues

In a market economy, effective financial management is one of the most important aspects of the functioning of any company, which plays a connecting role between various areas of its activities and determines the company’s position on the market, its competitiveness, prospects for sustainable development and cost growth. In this context, the assessment of the economic efficiency of sports organizations is also relevant, due to the high social significance of the sports industry and its huge popularity among the population. The study selected leagues that use different approaches to the formation and distribution of financial resources in their activities. Thus, the subject of this research is the existing mechanisms for financing the activities of sports subjects. The comparative report of UEFA on club licensing for pre-COVID-19 period was used as an analytical basis for the study. The results obtained during the study showed that with an effective approach to the process of managing financial and economic activities, the professional sports industry can be considered as a promising tool that can generate a significant material and non-material effect on various spheres of public activity, which affects the dynamic economic growth of the industry, as evidenced, in particular, by the performance index of the football leagues of Europe calculated in the work, showing the stable growth of the industry in the pre-COVID-19 period.

Методичний підхід до оцінювання та відбору венчурних проєктів

The article examines and analyzes methodological approaches to the evaluation and selection of venture projects, found that in a dynamic environment, venture funds choose strategies to attract and prepare agreements that correspond to their experience and market position. The main stages of selection of venture projects have been formulated, which allows to formalize the process of selection of venture projects and make it as transparent, clear and simple as possible. The criterion base of indicators of evaluation and selection of venture projects has been investigated and systematized, which allows to formalize the process of their evaluation and making rational management decisions. Attracting and preparing agreements is one of the most important aspects of venture activity, which requires high competence, skills and abilities. Analysis of the scientific literature made it possible to identify different approaches to the evaluation and selection of venture projects. For evaluation and selection of venture projects, first of all, qualitatively prepared business plans are studied. In this case, applications for investment without a business plan are usually not considered by the funds at all. In such conditions, investors are helped by knowledge in the relevant sectors of the economy and understanding of the prospects for their development, this is equated with a preliminary discussion of the problem with colleagues or at meetings of fund managers, where a deeper assessment of business value. The main principles of assessing the effectiveness of investment in venture investment are: taking into account the specifics of the investment sector in order to calculate the payback period of investments and the level of their profitability, which is as close as possible to real; in the presence of a base of comparison of application of benchmarking; optimization of fund management costs; taking into account all financial flows of the project; comparison of the cost of borrowed capital and return on investment; reasonable distribution of financial resources between venture projects taking into account the criterion of their effectiveness, etc. the purpose of the examination of an innovative venture project is to assess the scientific and technical level of the project, the possibilities of its implementation and effectiveness, the consequences of its implementation. Based on the results of the study, decisions are made on the feasibility and volume of investment, which determines the basic principles of the examination, namely: the system of organization of expert work and the unity of its regulatory and methodological support; independence and legal protection of participants in the expert process, their competence and interest in obtaining objective results; scientific and economic substantiation of expert assessments, their orientation to the world level of development of science and technology, norms and rules of technogenic and ecological safety, requirements of standards and international agreements; objectivity of the received decisions according to results of examination. The main criteria for selecting a venture project are a well-prepared business plan, scientific and technical level of the project, its feasibility and effectiveness, and important indicators for evaluating the effectiveness of a venture project are indicators of internal rate of return, modified internal rate of return, net present value, payback period, discounted payback period, profitability of sales, the average rate of return.

Urban Quality of Life: Spatial Modeling and Indexing in Athens Metropolitan Area, Greece

The purpose of this study is to assess and visualize the Quality of Life provided by urban space as a place of residence. The proposed methodology, after its theoretical documentation, is implemented in Athens Metropolitan Area, Greece. For the evaluation of Urban Quality of Life, a complex index is constructed by using multicriteria analysis. For this purpose, Quality of Life controlling factors such as built space, natural, socioeconomic, and cultural environment, infrastructure and services, and the quality of housing were analyzed within a GIS environment. The mapping of this index led to the identification of areas with different levels of Quality of Life. The results of the research can lead to more effective decision making regarding the planning of targeted actions and the distribution of financial resources to improve the Quality of Life of the residents in urban areas.

Organización social, acceso a los equipamientos sociales y la política finaciera

Esta investigação teve por objetivo analisar a organização social, o acesso a equipamentos sociais e a políticas de distribuição de recursos financeiros, em uma região rural pertencente à área de abrangência de uma Unidade de Saúde da Família (USF), na perspectiva de informantes-chave. Os membros das associações de moradores e trabalhadores da Equipe de Saúde da Família foram os participantes deste trabalho. Utilizou-se a entrevista semiestruturada como instrumento para a coleta de dados. Empregou-se a análise de conteúdo, por modalidade temática. Esse processo permitiu definir três temas, a saber, a organização social em processo, a distribuição ineficaz de recursos financeiros e limites e possibilidades no acesso a equipamentos sociais. Esta pesquisa permitiu que os estudantes de enfermagem e medicina vivenciassem, antecipadamente, quanto à grade curricular, a organização e funcionamento da atenção básica de saúde, em especial, ao que se refere ao cuidado aos moradores de uma região rural pertencente à área de abrangência de uma USF. Também possibilitou aos estudantes a apreensão das necessidades de saúde dessas pessoas, ampliou a necessidade de atenção das equipes e gestores na promoção do cuidado, na perspectiva da integralidade, e contribui para o enriquecimento das discussões sobre esses temas.

Perfil educacional da população não alfabetizada no Rio Grande do Norte no ano de 2010

O presente artigo enfatiza a problemática do analfabetismo no Estado do Rio Grande do Norte – RN, evidenciando variáveis da população em seu contexto social. Inúmeros são os fatores que contribuem para a evasão escolar, a falta de novas metodologias de ensino, bem como uma atenção especifica para cada tipo social de aluno tem aumentado às taxas de analfabetismo nos últimos anos. O objetivo deste trabalho é expor muitos dos fatores que ocasionam a evasão do aluno da escola, em suas muitas variáveis aqui expostas, o analfabetismo é um problema mundial, e deve ser combatido com a elaboração de muitos projetos de educação e tentar estender a educação por todo território nacional, o presente trabalho também colabora para que autoridades públicas tenha consciência do tão grave é a temática aqui envolvida, o analfabetismo no Brasil. Está pesquisa foi desenvolvida na forma descritiva e retrospectiva do ano de 2010, com dados fornecidos e extraídos da base de dados DATASUS. As variáveis avaliadas na discussão foram: taxa de pessoas não alfabetizadas, coletada no ano de 2010, munícipios com taxas de pessoas não alfabetizadas registradas, faixa etária das pessoas não alfabetizadas que residem nos munícipios registrados e a zona de residência dessas pessoas não alfabetizadas. Os fatores econômicos, políticos e sociais são decisivos na vida da população, pois eles vão decidir quem terá oferta e acesso a educação, essa dinâmica que sempre apresenta desigualdade na distribuição de recursos financeiros tem colocado a educação dos brasileiros em xeque.

REGIONAL DEVELOPMENT STRATEGIES IN THE SYSTEM OF STATE SOCIO-ECONOMIC REGULATION

The article substantiates the need to study the issues of strategic planning the development of the territories of the Russian Federation in modern economic conditions. The role of state regulation in solving the issues of rationalization in financial resources distribution to create optimum conditions to form the socio-economic environment of regional development is determined. The resource base of regional development is studied. The main problems affecting the formation of the system for regional development strategic planning are identified. Currently, the legislative and regulatory framework for strategic planning and forecasting available in Russia is mainly descriptive, which is a serious obstacle for the formation of a unified territorial development scheme. The problems presented in the article show that in this situation, the task of optimizing the system of centralized regions management advances to the forefront. It is the strategic vision of the formation of the national economic complex in the development of the state that will optimize this system. The most effective directions for the strategic development of Russian regions, forming the general level of state development are proposed. Despite the already established system of relatively independent planning regions' development by the regions themselves, the role of the state in the final determining the direction of socio-economic development in general remains unchanged. It is the state that chooses the methods of regulation. Solving these tasks will enable the state to form and control the system of strategic planning for the development of regions and the state as a whole as efficiently as possible.

О НЕРАВНОМЕРНОСТИ ФИНАНСОВОГО ОБЕСПЕЧЕНИЯ БЕСПЛАТНОГО ОКАЗАНИЯ МЕДИЦИНСКОЙ ПОМОЩИ В РЕГИОНАХ ЦФО

One of the key factors in the current health problems is the lack of financial support. The former model of financing the industry was recognized as ineffective, since it is not able to provide a sufficient level of financial support for medical organizations. As a result, the “chronic” shortage in the industry has led to the moral and physical obsolescence of the material and technical base, low wages and forced savings at every stage, which does not contribute to the provision of high-quality medical services. In addition to the problem of the general deficit of financial support for health care, given the territorial extent of Russia, there is also the issue of ensuring the even distribution of financial resources across the regions of the country. In the course of the study, the analysis of the financing of territorial programs of state guarantees per one insured resident on average in Russia and in the context of the regions of the Central Federal District was carried out, the existing trends and their reasons were identified. It has been established that in recent years, a steady trend towards an increase in the financial provision of health care per one insured remains. Evaluation of data in the context of the subjects of the Central Federal District showed significant differentiation in the amount of expenses for the implementation of TPGG. At the same time, the highest level of financing is observed in Moscow and the Moscow region, which have a significant gap from other regions of the Central Federal District in terms of financial support - 30.5 thousand rubles. and 18.1 thousand rubles. respectively.

Estimation of state financial support for non-priority territorial units using the example of bridge construction

The article discloses the problem of distributing state financial support based on an integrated approach. The study has proved the urgency and necessity of state support for the lowest priority territorial units (regions). It answers the research question of what components need to be included in the methodology for determining state financial support. A comprehensive method for estimating the share of public funds is proposed, taking into account the investment attractiveness of a region (oblast) and the risk of the corresponding region (oblast). To achieve this goal, the following general scientific and special methods and research techniques were used in the work, such as comparative analysis of scientific literature and information sources based on methods of comparison, systematization, and generalization; generalization of the analysis results, as well as logical generation of conclusions and integral assessment. Since the problem of financing the construction and reconstruction of bridges is relevant for a number of countries, this technique was tested using an example of bridge construction. According to the obtained results, territorial units (regions) that are not leaders in priority for the investor and have a high level of riskiness of investing financial resources become eligible for state financial support. The problem of financing such regions can be solved only through state support. The results of calculations show that the distribution of financial resources with the available volume of public finances K=1 allocated for support is carried out proportionally. An integrated approach made it possible to identify 10 territorial units (oblasts) for funding, with the oblasts with the worst priority factors receiving the largest share of state financial support. This study is of practical interest to government agencies in the distribution of public funds, and it is of theoretical importance to researchers dealing with issues of financial security and public administration

Multi-Risk Assessment and Management—A Comparative Study of the Current State of Affairs in Chile and Ecuador

In Chile and Ecuador, multiple hazards and dynamic processes in vulnerability pose a high risk. Spatial planning and emergency management can contribute to disaster risk management but they follow different goals. However, global goals, such as from UN-ISDR (United Nations International Strategy for Disaster Risk Reduction) and UN SDGs (Sustainable Development Goals) can potentially support cities and regions in defining concerted action. This paper aims at measuring the performance of Chile and Ecuador in regard to the aforementioned policy goals. Although both countries show considerable progresses in the implementation of the UN strategies, it is doubtful that the existing global monitoring approach is appropriately designed for measuring the real situation on the ground. Our paper is based on a desktop research combined with stakeholder workshops and expert interviews. Overall, both countries made considerable progress in regard to disaster preparedness and monitoring. However, multi-risks are rarely considered and there is still increasing vulnerability due to the expansion of informal settlements. The risk management is characterized by an imbalanced distribution of financial resources and institutional capacities between the metropolitan regions and smaller municipalities, and by low public participation and hardly community-based approaches. The paper underlines the importance for more qualitative, in-depth studies on the root causes of disaster risk which could complement the global monitoring which is very much focused on quantitative data and shows inconsistency between input and output indicators.

КОНЦЕПТУАЛЬНІ ЗАСАДИ ФОРМУВАННЯ СИСТЕМИ УПРАВЛІННЯ ФІНАНСОВИМИ РЕСУРСАМИ ПІДПРИЄМСТВ

Аргументовано концептуально-методологічні засади формування системи управління фінансовими ресурсами підприємств. Установлено, що специфікою економічного середовища діяльності вітчизняних підприємств є обмеженість власних фінансових ресурсів, значні обсяги поточної кредиторської заборгованості, низький рівень капіталізації банківської системи і дефіцит довгострокових кредитних ресурсів, деформації у розвитку фондового ринок України. Означене зумовлює необхідність адаптації до цих особливостей і трансформації системи управління процесами формування та використання їхніх фінансових ресурсів.
 Розкрито економічну природу, системний характер та особливості управління фінансовими ресурсами на мікрорівні. Наведено концептуальну модель системи управління, яка включає характеристику і послідовність етапів цього процесу, моделювання фінансового забезпечення, інструменти управління фінансовими ресурсами. Визначено безпосередню залежність трансформації системи управління фінансовими ресурсами підприємства від вибору фінансової стратегії та охарактеризовано евентуальні стратегічні орієнтири його фінансової діяльності. Ідентифіковано найбільш суттєві аспекти фінансової політики в контексті формування і використання фінансових ресурсів.
 Установлено алгоритм розподілу фінансових ресурсів за окремими конкуруючими напрямами їх використання, на основі якого реалізується запропонована концептуальна модель управління. Він передбачає аналіз формування і розвитку фінансового потенціалу підприємства, прогнозування основних тенденцій зміни зовнішнього економічного оточення, визначення потреби у фінансових ресурсах та об’ємних і часових параметрів її забезпечення, організацію реалізації запланованих заходів. Розкрито методичні підходи, на основі яких здійснюється реалізація алгоритму. Встановлено ключові обмеження для забезпечення раціонального розподілу фінансових ресурсів.
 Практичне використання розробленого науково-методичного інструментарію дає можливість оптимізувати структуру джерел формування фінансових ресурсів підприємства та ефективно розподіляти їхні обмежений обсяг між конкуруючими напрямами використання.

Building World-Class Universities in Russia: Redefining the Relationship between Academic and Managerial Self-Governance

This paper explores the influence of the Russian University Excellence Initiative (Project 5−100) on university governance structures. We conducted a qualitative study of the university, focusing on changes in academic and managerial self-governance. We found the following. First, the role of the administrators in university decision-making has been strengthened, especially the distribution of financial resources. Separate governing bodies were created from the central administration, the role of professional managers has become more prevalent in the Academic Council, and the tight control on academic departments was increased. These changes were brought about by the newly created role of rector, accompanied by new institutional capacities and financial resources. Second, although the university has called for the participation of academics in new initiatives, the formal governance structures remain relatively unchanged. Academics, including beneficiaries of the university transformation, have not gained greater formal decision-making power.

ТЕОРЕТИЧНІ АСПЕКТИ ФОРМУВАННЯ ФІНАНСОВОГО РИНКУ ТА АНАЛІЗ ЙОГО ДІЯЛЬНОСТІ В УКРАЇНІ

Our article is devoted to the theoretical aspects of the formation of the financial market and analysis of its activities in Ukraine. In economic essence, the financial market is a set of economic relations associated with the distribution of financial resources, purchase and sale of temporarily free cash and securities. The purpose of the financial market is to provide enterprises with appropriate conditions for attracting the necessary funds and selling temporarily free resources. Effective development of the financial market will ensure the formation of investment processes, increase GDP in the country, as well as create opportunities for the development of various economic sectors. In view of this, the article fully reveals the essence of the concept of the financial market through the definition of domestic and foreign scientists. Theoretical bases of activity of the financial market in Ukraine, and also use of the basic functions (namely tasks) and the principles applied on it are considered. The role of objects and subjects of the financial market is defined. Among the objects are various market instruments, which reflect the temporarily free funds (financial resources) of the subjects of the financial services market, which include the state, households, financial and non-financial institutions. In particular, the activities of financial market entities that are most active in Ukraine, namely financial institutions, which include commercial banks and insurance companies, are analyzed. The dynamics of the number of changes in banking institutions and insurance companies is studied. A comparative description of the dynamics of revenues and expenditures of the banking sector for 2015-2019, as well as current information for January-September 2020. A comparison of the main indicators of insurance companies in the domestic market for the first quarter of 2019-2020, namely: the volume of gross insurance premiums, the volume of net insurance premiums, the share of net insurance premiums, as well as the number of insurance contracts. Based on the results of the study, the directions of improving the financial market in Ukraine are proposed.

Does Regional Financial Resource Contribute to Economic Growth? From the Perspective of Spatial Correlation Network

Using the method of social network analysis, this article explores the characteristics of financial resources distribution at the provincial level in China from 2000 to 2017, and analyzes the influencing factors and network effects of the spatial correlation network characteristics on distribution of financial resources, the results are as follows: The overall network characteristics of the financial resources distribution among provinces and cities in China are of low density, of high dependence and poor stability. The level of economic development, marketization, and integration are related to the spatial correlation network of the distribution of financial resources, and the level of integration and marketization have a significant positive impact on it. Due to the imbalance of economic development among regions in China, the overall network characteristics have a negative network effect on the speed of economic development. Individual network characteristics have a positive network effect on the speed of economic development. Improving network density, network correlation, and reducing network level can narrow the gap in economic development between provinces.