AN EVOLUTIONARY MODEL OF A HOLISTIC FINANCIAL SYSTEM. PRINCIPLES OF MATHEMATICAL MODELING

The problem of the functioning of the integrated financial system in modern conditions of uncertainty is aggravated by insufficient development of theoretical bases and difficult practice of its complex use. In the article, the financial system is considered as an integral part of the economy. The study of the spiral of social development defined as a closed formation allows building a model of the economic system, which is the basis for the formation of a coherent financial system with the internal structure and parameters. The development of an evolutionary-economic model based on the spiral of social development contributes to the complete description of the characteristics of the evolutionary financial system. The formation of the virtual body of the evolutionary model of the holistic financial system is a basis for the application of the principles of mathematical modeling.

The purpose of the article is to develop an evolutionary model of a holistic financial system with a complete life cycle.

The research is based on the methods of evolutionary analysis and synthesis, classical works in the field of philosophy, cybernetics, economics, and finance. General scientific and special methods of research are applied, including deduction and induction. A holistic evolutionary economic-mathematical model is developed. This allows to formulate a general idea of the financial system and to use it in theory and practice as a single methodological complex.

The synthesis of knowledge of the theory of finance within the stages of the life cycle of the economic environment promotes the fuller use of the studied science, expands the possibilities of its mathematical modeling and forecasting in the financial sphere.

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