Financial Capital and Its Role in Today's Economy

被引:0
作者
Dinets, D. A. [1 ]
Zaorski, G. B. [1 ]
Merkulov, A. S. [1 ]
机构
[1] Irkutsk State Univ Commun, Chernyshevsky Str 15, Irkutsk 664074, Russia
来源
PROCEEDINGS OF THE INTERNATIONAL SCIENTIFIC CONFERENCE - FAR EAST CON (ISCFEC 2020) | 2020年 / 128卷
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中图分类号
F [经济];
学科分类号
02 ;
摘要
Financial capital has been on the rise since the late 20th century. Prior to the first half of the 20th century, it was mainly used to facilitate the flow of real capital; it greatly contributed to the economic growth by bringing investment beyond equity. In recent decades, financial capital flows have been following their peculiar logic. This paper demonstrates the economic processes that curb economic growth due to the effects of financial capital. Financial capital is objectively on the rise. This paper proposes a stronger state as a regulator of financial capital and markets, which must be able to direct the financial capital to boost the real sector. The goal hereof is to substantiate the need for regulation of financial capital and markets, which will help make them into economic boosters.
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页码:1571 / 1578
页数:8
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