MONEY CIRCULATION ABSTRACTION: MANAGEMENT FROM LIABILITY TO ASSET

Abstract

Effective systems and management of monetary circulation in the economy are one fundamental research disciplines. However, this aspect falls out of the research subjects of scientists and economists. Economists are rather interested in what extent the abstractions, put forward in cash circulation theories, are valuable and topical from the scientific viewpoint in the conditions of transformation of the contemporary economy into digital. The article reviews the scientific abstractions of cash circulation theories in diachronic and synchronic aspects. The abstractions presented in the article will assist to ensure the effectiveness of the adoption and implementation of the decisions by the responsible authorities (monetary and tax budget bodies) in this area.