To the question of the financial market influence on economic growth

The article examines the interaction of the financial market and the manufacturing sector of the Russian economy, analyzes the indicators of the financial market development at the present stage of economic reforms. Financial relations are very diverse, this is due to the fact that they serve a wide variety of spheres of human activity. Is finance a secondary category in relation to production and what is their role in the development of society? Theorists answer these questions in different ways, while empiricists cite statistics both in favor of one as well as in favor of another statement. The authors of this article consider the theory of interpenetration of sectors from the standpoint of the contradictory unity of the established rules and the true aspirations of market participants. This approach made it possible to overcome the simplistic vision of the impact of the financial sector on the economy. In this case, the well-established thesis about the indisputably positive relationship between the development of the financial market and the socio-economic characteristics of the national economy is questioned. The analysis of the properties of the financial model of the Russian economy, which made it possible to identify the existing shortcomings of the mechanism of economic growth in Russia. The authors use the category «financial market depth» as a research tool, considering this scientific approach to be promising. Conclusions are made regarding the degree of influence of financial intermediation on economic growth in the country.