Centralized finance: Composition of subsystems and links of the financial system

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Centralized finances are crucial for the existence and development of modern states, reflecting state sovereignty in the financial realm. They not only support governmental operations and public needs but also play a vital role in funding high-risk projects that may not yield immediate or tangible returns. These investments contribute to societal comfort and future growth, highlighting their importance beyond mere monetary gains. The book delves into the multifaceted functions of centralized finances, emphasizing their essential role in fostering state stability and progress.