Prerequisites for socialization of finance and the development principles for the model of financial relations in the context of sustainable development

Authors

  • Ірина Петрівна Васильчук Kriviy Rih Economical Institute SHEE “KNU” Karla Marksa, 64, Kriviy Rih, Ukraine, 50000, Ukraine

DOI:

https://doi.org/10.15587/2313-8416.2015.37410

Keywords:

sustainable development, socialization of financial relations, democratization, collaboration, convergence, social finance

Abstract

The article investigates the aspects of socialization of economics and finance in course of the emergence of the sustainable development paradigm. The theoretical analysis which was conducted in the article has identified the dominant factors for post-industrial transformation of financial relations, such as socialization, democratization, collaboration and convergence. Besides, the author derives several principles for the construction of the revised model for financial relations in the context of sustainable development

Author Biography

Ірина Петрівна Васильчук, Kriviy Rih Economical Institute SHEE “KNU” Karla Marksa, 64, Kriviy Rih, Ukraine, 50000

Associate professor

Department of Finance, Tax and Insurance business

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Published

2015-02-23

Issue

Section

Economics