Application of the System Approach to Financial Services Market Research

The article analyzes the nature of the financial services market by using the system approach methodology. In particular, the attention is focused on the already existing conceptual approaches to defining the nature of this market, their basic aspects are analyzed. The use of the system approach...

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Main Author: Dubyna Maksym V
Format: Article
Language:English
Published: PH "INZHEK" 2016-08-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2016-3_0-pages-261_266.pdf
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author Dubyna Maksym V
author_facet Dubyna Maksym V
author_sort Dubyna Maksym V
collection DOAJ
description The article analyzes the nature of the financial services market by using the system approach methodology. In particular, the attention is focused on the already existing conceptual approaches to defining the nature of this market, their basic aspects are analyzed. The use of the system approach allowed to identify the essence of the financial services market as a single, complex system, which is proposed to be considered as an aggregate number of consumers and providers of financial services operating within a single economic space, their relationships emerging to meet different in their nature demands for financial services, with their interrelation being associated with movement of financial resources within this space and partially accompanied by processes of transformation of temporary free funds of economic entities into credit and investment resources. In the article the system components and the relationships between them are determined, the elements of the environment are identified and their relationship with the market for financial services described.
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spelling doaj.art-2d52846d0bda4ff4b3ee6e4d29022abe2024-02-02T21:18:32ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862016-08-013261266Application of the System Approach to Financial Services Market ResearchDubyna Maksym V0Candidate of Sciences (Economics), Associate Professor, Candidate on Doctor Degree of the Department of Finance, Banking and Insurance, Chernihiv National Technological UniversityThe article analyzes the nature of the financial services market by using the system approach methodology. In particular, the attention is focused on the already existing conceptual approaches to defining the nature of this market, their basic aspects are analyzed. The use of the system approach allowed to identify the essence of the financial services market as a single, complex system, which is proposed to be considered as an aggregate number of consumers and providers of financial services operating within a single economic space, their relationships emerging to meet different in their nature demands for financial services, with their interrelation being associated with movement of financial resources within this space and partially accompanied by processes of transformation of temporary free funds of economic entities into credit and investment resources. In the article the system components and the relationships between them are determined, the elements of the environment are identified and their relationship with the market for financial services described.http://www.problecon.com/export_pdf/problems-of-economy-2016-3_0-pages-261_266.pdfsystemsystem approachfinancial servicemarket for financial servicescomponent
spellingShingle Dubyna Maksym V
Application of the System Approach to Financial Services Market Research
Problemi Ekonomiki
system
system approach
financial service
market for financial services
component
title Application of the System Approach to Financial Services Market Research
title_full Application of the System Approach to Financial Services Market Research
title_fullStr Application of the System Approach to Financial Services Market Research
title_full_unstemmed Application of the System Approach to Financial Services Market Research
title_short Application of the System Approach to Financial Services Market Research
title_sort application of the system approach to financial services market research
topic system
system approach
financial service
market for financial services
component
url http://www.problecon.com/export_pdf/problems-of-economy-2016-3_0-pages-261_266.pdf
work_keys_str_mv AT dubynamaksymv applicationofthesystemapproachtofinancialservicesmarketresearch