Abstract

The correlation of scientific knowledge in economic and legal science must take into account real processes taking place in the Russian society, because each scientific area is specialized and is formed individually without taking into account self-influence. As a whole it affects social and economic development of the state. The interrelation of economy and law is demonstrated in the fact that economic relations are expressed through legal standards that legalize them, and new means of the economy development are sanctioned by the law because the law regulates economic processes directly. In their researches lawyers rest on the works of economists who in their turn do not decisively define such scientific notions as “finances and financial system” for they use various approaches that result in plural wide interpretation of the subject matter of financial law.

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