The differences and connections between traditional finance and modern finance

The research objects are different and the focus is different.

1. Different research objects: Traditional finance focuses on the study of the government’s fiscal behavior and policies, with the goal of achieving fiscal balance and effective management, while modern finance focuses on the study of the government’s economic behavior and The policy aims to achieve the effective allocation of public security resources and the efficient operation of public security departments.

2. Different focuses: Traditional finance mainly focuses on the government’s revenue and expenditure and management behaviors, especially the use and effects of fiscal policy tools such as fiscal budget, taxation, and public bonds, while modern finance focuses more on public finance. The economic activities of the public sector or the economic activities of government departments, especially the supply and allocation of public goods and public services.