THE HISTORICAL ASPECTS OF THE ORIGIN AND DEVELOPMENT OF PAWNSHOPS

The subject of research is the theoretical and practical problems of pawnshop regulation activities as an instrument to have influence on economic development of a country. The purpose of research is to study the historical aspects of the origin and development of pawnshops as non-bank credit institutions. Methods of research. In the process of analysis the economic essence of pawnshop activities was used: dialectical, system and structural methods. The historical and logical approaches were used to determine the stages of formation and development of pawnshop activities. The results of work. The article dedicates the pawnshop activities, which are quite a new kind of credit institutions in Ukraine. The historical aspects of the origin, formation and development of pawnshop institutions in Ukraine and World are considered in the article. The propounded approaches for the classification of the stages of pawnshop formation and development were allowed to define the features of the financial regulation services, which are provided by pawnshops. Conclusions. Pawnshops are one of the most conservative and stable financial institutions for persons, and are oriented to give small and short-term loans and perform the function of social and economic stabilizers in the conditions of any economic changes.