Differences in the nature of economic relations between the entities

Differences in the nature of economic relations between the entities cash flow give rise to a structured into separate sectors. First, the logic of the same process, a kind of economic relations which are realized in monetary circulation, there is a relationship of exchange. A characteristic feature of the movement of money, which serves this relationship is:equivalence as to meet the money that passes the buyer to the seller, the product is isometric par value;irrevocability, since the money received by the seller shall not return to its previous owner, they are irrevocably transferred to the ownership of a new subject of trafficking;straightness, which is in a constant distance from the subject of money circulation, which used them to purchase products, as an entity also spends them for new purchases.This character of the movement of money, which serves the sphere of exchange, gives reason to select it as a separate sector, which is called the monetary circulation.A significant portion of cash flow associated with the processes of distribution of gross national product. The movement of money here is one major difference from the circulation of money - it is done is not equivalent, ie to meet the cash payment the payer does not get real equivalent in the form of goods or services. This sector is called the cash flow and financial credit.Besides the general features - non-equivalence, relations between the actors of this sector is also inherent in cash flow are significant differences. Some of these relations is the nature of exclusion, as defined by the laws of the income of economic agents is taken in taxes and other obligatory payments, and goes to the state, which spends them in performing their functions. As a result, not only bezekvivalentny and irrevocable and cash flows, ie some subjects lose money forever, and without receiving any income, and other get them too, irrevocably and without paying any price for them. This part of the financial and credit turnover is fiscally and budget.The second part of the financial and credit services turnover scope of redistributive relations in which the property is not alienated subjects, but only transferred for temporary use, such as making money in a bank deposit or during the sale of securities. Therefore, for these relationships more typical of income to the entity that transfers its property for temporary use. That is, cash flows, which provides an implementation of this relationship is reversed when the owner returns the money in due time, or may return them, such as buying shares and also receives interest income or dividends. Thus, this sector cash flow significantly different not only from monetary and fiscal-and from the budget sector, and it's called credit turnover.Currency, fiscal and budgetary loan that turns yak components of total cash flow are closely interrelated, internally intertwine and complement each other in achieving the goals of expanding reproduction. At the same time they - independent phenomenon, with its own specific mechanism of regulation and the specific possibilities to influence the process of reproduction.Depending on the form of money, in which the turnover of money, it is divided into non-cash and cash. Although such a criterion of structuring cash flow rather formal, yet between these parts of it are significant differences that have important economic consequences. In particular, in the area of ​​cash flow are moving money out of banks, directly serving the relations of economic actors. Thus, the turnover of the money may affect only direct his actors, which enables them to realize their naipolnee relations in the form in which they have identified their most.It's quite noticeable benefit cash flow in a transition economy. On the one hand, with great difficulty forming private property and a new layer of its carriers, which are the active subjects of cash flow, and the other - there are powerful forces that protect public property, and often through state agencies strongly inhibit the formation of private owners, using the and control of money in circulation. In response to a recent widely practiced among themselves cash payments, causing shadowing relationship.In the field of cashless transactions on the accounts of money moving in the banks, without going beyond the boundaries of the banking system. This makes it possible to control it, and therefore affect the relations of the economic agents not only for them the most, but also to third parties - banks and governments. Defining the legal rights and obligations with respect to their exercise of such control, the state can affect the entire non-cash monetary circulation, and then in the process of social reproduction in general. This is the main advantage of non-cash turnover of cash, so upon completion of the transition period to a market economy, providing legal basis for the development of the private sector will expand the scope of non-cash circulation and cash will be narrow.So far, that, at the beginning of 2002, the ratio of these two spheres money turnover in Ukraine can be roughly defined as 2:1, as in the total mass of money (for M3), cash totaled 43.4%, and current deposits - about 23%. Compared with Western countries in the structure of Ukraine's cash flow is too high proportion of cash flow.This fact is often regarded as a lack of cash flow and monetary system in general, as a negative phenomenon in the banking system, in particular, the NBU.Nevertheless, it is rather a natural reaction to cash flow problems and difficulties of the transition economy of Ukraine. In the situation that prevailed in the Ukrainian economy during this period, the structure and cash flow could be different. Detail the advantages and disadvantages of cash and noncash money will be analyzed in Section 4