The Concept of Financial Paradoxes: Origins, Essence, Potential for Development

Abstract:

This article focuses on financial paradoxes as a separate area for financial and interdisciplinary studies. Authors define the concept of financial paradoxes and suggest basic classification principles. Conceptual framework for key aspects of the problematic was analyzed and systematized within the theoretical framework. In order to outline the essence, basic kinds and research method of financial paradoxes, a series of academicians who specialized in teaching financial disciplines was interviewed. The interviews were followed by a detailed elaboration on highlights of crises in the Russian financial market that were accompanied by signature financial paradoxes. Thus, important prerequisites were created for developing research methods for financial paradoxes. Hypotheses that need further investigation and thorough rethinking were formulated taking into account empirical research results.