The importance of the topic of this monograph is underlined by the increasing international mobility of students and more intense competition between host countries. Traditional educational centres, especially across the European Union, are losing their share of the international educational services market. The impact of geopolitical factors on the international mobility of students is also increasing, especially in the context of fierce competition for human capital.
The financial system emerges with the emergence of the state and develops with it improving its legal norms. Financial stability is important to ensure the efficient operation of the state’s financial system. From an economic point of view, the financial system represents a set of different spheres of financial relations related to the formation and use of centralized and decentralized funds of monetary resources; from an institutional point of view, it is the totality of the country’s financial institutions.
