Views on the concept of financial policy and its manifestation


the reference, the purpose and the used procedures



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VIEWS ON THE CONCEPT OF FINANCIAL POLICY AND ITS M

the reference, the purpose and the used procedures.
Referring to the 
specific used methods
, they are portrayed as a set of methods and means; 
principles, methods and means; rules, principles and methods or methods, levers and mechanisms 
specific in the financial sector. Therefore not only the wording is different but also the number 
and kind of arrangements involved. 
In a different way is presented the field of reference, the same in its essence, namely the 
financial sector
. It circumscribes, in different formulations, the same elements, namely: 
- finance, financial relations or in a detailed presentation, their display field (creation, distribution 
and optimum use of funds); 
-institutions 
and 
specialized 
institutions 
belonging 
to 
the 
financial 
unit; 
- the legal executive legal framework , including financial regulations or legislation. 
Finally, for the 
concerned purpose
, the formulations are also different. Some refer to the social 
and economic policy objectives as a whole, but different in each step or from one program to the 
other; others are confined to the fundamental strategic objective of the current phase (Chandler 
1996: 63); in some of them the aim of achieving the economic policy objectives is fixed ("Help 
2003: 87), and finally in others, it is stated that the financial policy is oriented towards achieving 
the social mission of finances (V
ă
c
ă
rel 2007: 76), ensuring the fulfilment of their functions and 
roles in each phase. 


427
Taking into account the ones mentioned above, we could shape our 
own opinion
which means 
that we can define 
financial policy
at a microeconomic level as 

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