National Financial System Challenges During Modern Economy Growth

2021 ◽  
pp. 317-326
Author(s):  
Ludmila Popova ◽  
Irina Maslova ◽  
Irina Tishchenko ◽  
Zoya Mkrtchyan
Keyword(s):  
Financial System ◽  
Economy Growth ◽  
Modern Economy

To the adequacy of the financial system to the modern economy of Russia

2020 ◽  
Vol 26 (7) ◽  
pp. 1534-1554
Author(s):  
V.V. Smirnov
Keyword(s):  
Economic System ◽  
Financial System ◽  
Cash Flows ◽  
Financial Policy ◽  
Economic Activities ◽  
Structure Form ◽  
Associated Gas ◽  
Managerial Decisions ◽  
Russian Economy ◽  
Modern Economy

Subject. The article examines the adequacy of the financial system to the Russian economy as is. Objectives. I evaluate whether the financial system meets requirements of the modern economy of Russia, and model the scope of compliance. Methods. The study relies upon the statistical analysis and mathematical modeling of developments in the correlation of cash flows and economic activities. Results. The focuses on the adequacy of the financial system to requirements of the modern economy of Russia. I analyze the structure, form and content of the economic system during the generation and utilization of cash flows. The financial system is deemed inadequate if there are some controversies between cash flows and economic activities, which can be eliminated with specific financial and economic remedies that are typical of the Russian economy. Financial remedies include an increment in gold reserves and money supply. Economic ones require to increase the production of crude oil, natural gas, associated gas, extraction and enrichment of iron ore. Modeling the dynamics of the financial and economic systems and applying the Cobb–Douglas production function, I marked the compliance boundary of the financial system from perspectives of the modern economic system. Conclusions and Relevance. Seeing the current situation in Russia, we can guess the financial system is adequate to the economic situation. I should also point out a variety of opportunities to preserve the structure, form and content of the economy, using financing mechanisms within the adequacy requirements. The findings enrich relevant knowledge and create new competencies of governmental authorities for making effective managerial decisions to ensure the sustainability of the Russian economy in accordance with the financial policy.

scholarly journals Financial system in the conditions of digitalization of the modern economy

2021 ◽  
Vol 295 ◽  
pp. 01035
Author(s):  
Luza Baiguzina ◽  
Guzalia Galimova ◽  
Elvira Nurdavlyatova
Keyword(s):  
Methodological Approach ◽  
Financial System ◽  
Federal State ◽  
Sources Of Information ◽  
Modern Economy ◽  
Republic Of Bashkortostan ◽  
The Republic ◽  
The Government ◽  
Moscow School ◽  
Key Aspects

This article is devoted to the consideration of the features of the financial system in the context of the digitalization of the modern economy. The authors cite the key aspects of the methodology of scientific knowledge of digital transformation. The methodological approach to defining the digital economy in the financial system is considered. So, as the materials of the theoretical part of the study, the collection, systematization, analysis of data and statistical reference books of the Territorial Body of the Federal State Statistics Service for the Republic of Bashkortostan, reports of the Government of the Republic were used, materials were analyzed to determine the Digital Russia index of the Moscow School of Management Skolkovo and others. numerous open sources of information. The collection and analysis of quantitative and qualitative indicators of digital inequality in the Republic of Bashkortostan was carried out, statistics of indicators of digitalization of the tax system of the Republic were considered

scholarly journals Perspective Methods of Regulating Crypto-Currency Based on Blockchain Technologies in the Modern Economy

2018 ◽  
Vol 3 (2) ◽  
pp. 355
Author(s):  
Fedorov N.M.
Keyword(s):  
Financial Market ◽  
Financial System ◽  
Payment System ◽  
New Approach ◽  
Modern Economy ◽  
Advanced User ◽  
Crypto Currency

Nowadays almost every advanced user who pays a little attention to the development of the financial market aware of crypto currency. The novelty of this technology, due to its features such as transparency and decentralization, has demonstrated a completely new approach to the notion of a payment system. But at the same time, this development has brought problems, that may pose a threat both to the financial system and to the AML / CFT sphere. In this article, I propose to consider on one of the most effective, in my opinion, method of regulation in order to eliminate the shortcomings – blockchain.

Macroprudential Policy Instruments of Central Banks

2012 ◽  
pp. 32-47
Author(s):  
S. Andryushin ◽  
V. Kuznetsova
Keyword(s):  
Systemic Risk ◽  
Financial Stability ◽  
Financial System ◽  
Policy Instruments ◽  
Central Banks ◽  
Macroprudential Policy ◽  
Policy Studies ◽  
The Future ◽  
Financial Cycles

The paper analyzes central banks macroprudencial policy and its instruments. The issues of their classification, option, design and adjustment are connected with financial stability of overall financial system and its specific institutions. The macroprudencial instruments effectiveness is evaluated from the two points: how they mitigate temporal and intersectoral systemic risk development (market, credit, and operational). The future macroprudentional policy studies directions are noted to identify the instruments, which can be used to limit the financial systemdevelopment procyclicality, mitigate the credit and financial cycles volatility.

On Energy Status indicators and the role of renewableEnergy under Economic Crisis

2014 ◽  
pp. 92-105
Author(s):  
P. Bezrukikh ◽  
P. Bezrukikh (Jr.)
Keyword(s):  
Renewable Energy ◽  
World Economy ◽  
Electrical Energy ◽  
Primary Energy ◽  
Primary Energy Consumption ◽  
Energy Status ◽  
Economy Growth ◽  
The World ◽  
Production Regime

The article analyzes the dynamics of consumption of primary energy and production of electrical energy in the world for 1973-2012 and the volume of renewable energy. It is shown that in the crisis year of 20 0 9 there was a significant reduction in primary energy consumption and production of electrical energy. At the same time, renewable energy has developed rapidly, well above the rate of the world economy growth. The development of renewable energy is one of the most effective ways out of the crisis, taking into account its production regime, energy, environmental, social and economic efficiency. The forecast for the development of renewable energy for the period up to 2020, compiled by the IEA, is analyzed. It is shown that its assessment rates are conservative; the authors justify higher rates of development of renewable energy.

“Capital” as the key to solving modern economic problems (Offline addition to the discussion on the revival of a special seminar on Karl Marx’s “Capital”)

2019 ◽  
pp. 142-150
Author(s):  
Alexandеr V. Buzgalin
Keyword(s):  
Political Economy ◽  
Educational Process ◽  
Capitalist System ◽  
Economic Problems ◽  
Modern Economy ◽  
Modern Economic ◽  
The Relationship

In the article prepared in connection with the discussion on the use of the Marxist political economy heritage and the revival of a special seminar on Marx’s “Capital”, the author shows the dialectic of the relationship between the content and the transformed forms of the modern capitalist system; the potential of “Capital” to understand the content of the modern economy, and the potential of economics to understand its forms. On this basis, the author shows which questions of our time are answered by Marxist methodology and theory, and which are not, and concludes that Marxist political economy has significant methodological potential to become an important component of the scientific and educational process in current conditions.

Russian Banking Sector under World Financial Market Uncertainty: Problems and Prospects

2008 ◽  
pp. 4-19 ◽  
Author(s):  
A. Ulyukaev ◽  
E. Danilova
Keyword(s):  
Emerging Markets ◽  
Financial Market ◽  
Banking Sector ◽  
Financial System ◽  
Local Market ◽  
Market Uncertainty ◽  
Balanced Growth ◽  
Banking Sector Development ◽  
The World ◽  
The Usa

The authors point out that the local market crisis - on the USA substandard loan market - has led to the uncertainty of the world financial market. It has caused the growing demand for liquidity in the framework of the world financial system. The Russian banking sector seems to be more stable under negative changes than banking systems of other emerging markets. At the same time one can assume that the crisis will become the factor of qualitative shift in the character of the Russian banking sector development - the shift from impetuous to more balanced growth.

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