MAIN DIRECTIONS OF IMPROVING FINANCIAL LITERACY IN RUSSIA

2015 ◽  
Vol 10 (2) ◽  
pp. 13-17
Author(s):  
Дмитриева ◽  
Olga Dmitrieva
Keyword(s):  
Russian Federation ◽  
Financial Literacy ◽  
Financial Education ◽  
Middle Income ◽  
Internet Portal ◽  
Flow Of Funds ◽  
The Russian Federation ◽  
The Republic ◽  
Kaliningrad Region ◽  
Key Aspects

Improving the financial literacy of Russian citizens is among the priority areas of implementation of the state policy. In this regard, efforts are ongoing. Bank of Russia, various foundations and educational institutions independently implement their own programs aimed at improving financial literacy. Ministry of Finance, together with a number of federal executive authorities and with the participation of the World Bank is developing a program to improve financial literacy. Currently in 10 regions of the Russian Federation: The Republic of Tatarstan, Altai, Krasnodar, Stavropol regions, Arkhangelsk region, Saratov region, Tomsk region, Kaliningrad region, Volgograd region, the city of Moscow is implementing the project «Promotion of the level of financial literacy and the development of financial Education in the Russian Federation». One of the key aspects of the project is the implementation of regional programs to improve the financial literacy of students in schools and universities, as well as adults in low- and middle-income countries. It is being developed in parallel the information Internet portal on financial literacy. Improving financial literacy is essential for building and developing the country´s economy as a whole. Unlocking the potential of the Russian financial market, strengthening its investment function is essential for the flow of funds into the domestic economy.

scholarly journals IMPROVING FINANCIAL LITERACY OF THE CHILDREN AND TEENAGERS IN THE RUSSIAN FEDERATION

2019 ◽  
Vol 8 (6) ◽  
Author(s):  
Aidar M. Tufetulov ◽  
Chulpan M. Shavaleyeva ◽  
Nadia M. Sabitova ◽  
Timur I. Abdreev
Keyword(s):  
Financial Market ◽  
Russian Federation ◽  
Financial Literacy ◽  
National Level ◽  
Financial Education ◽  
Well Being ◽  
Children And Youth ◽  
Low Level ◽  
Training Materials ◽  
The Russian Federation

The issues of improving the financial literacy of the population are currently receiving a lot of attention both at the international and national levels. Of particular relevance are financial literacy issues for the Russian Federation. Due to the peculiarities of the country's historical development, for most citizens of Russia, issues of personal financial planning, the principles of the functioning of financial markets, the possibility of investing savings remain obscure, as a result of this, the population can not fully use modern financial products and services, does not know their rights in the financial market and unable to protect them in accordance with the law. It should be noted that the problem of a low level of financial literacy of citizens is a problem at the national level, since a low level of financial literacy negatively affects the personal well-being of citizens, their financial potential, and accordingly prevents the development of the financial market, inhibiting investment processes in the economy. Under these conditions, increased interest in issues of financial education and financial literacy of citizens of the Russian Federation is logical and, since 2011, the World Bank and the Ministry of Finance of the Russian Federation have actively implemented a project “Promoting Improving the Level of Financial Literacy of the Population and Development of Financial Education in the Russian Federation”. One of the most important areas of the project is to increase the financial literacy of children and youth. Since the start of the project, a range of training materials has been developed in this area, professional development of school teachers, teachers of orphanages, college teachers is provided, and weeks of financial literacy are held. The result of the events was a significant increase in the level of financial literacy of Russian schoolchildren. In this regard, the experience of the Russian Federation in improving financial literacy of children and youth is of great interest.

scholarly journals Financial Education of Russians: Classification of Target Groups

2020 ◽  
Vol 16 (2) ◽  
pp. 42-50
Author(s):  
Natal’ya V. Alikperova
Keyword(s):  
Financial Market ◽  
Russian Federation ◽  
Low Income ◽  
Financial Literacy ◽  
Financial Education ◽  
Well Being ◽  
Financial Knowledge ◽  
Target Groups ◽  
The Russian Federation

The Object of the Study. The population of the Russian Federation divided into target groups. The Subject of the Study. Financial education of Russians, taking into account the characteristics of various target groups. The Purpose of the Study. Clarification of target groups of Russian citizens for the implementation of the financial education strategy. The Main Provisions of the Article. In today's reality, financial literacy is becoming a necessary skill for personal and social well-being. In the conditions of active development of the financial market, increasing financial literacy of the population provides citizens with the opportunity not only to effectively use various financial products and services, make profitable economic decisions, but also to be full participants in the entire socioeconomic system of the state. However, currently there is a fairly low level of financial literacy of Russians, and this trend is observed from year to year, due to the complexity of the financial market as a whole, an erroneous idea of the essence of certain concepts, and as a result, the construction of financial strategies in accordance with this understanding, and this may indirectly indicate the inefficiency of the current system for improving financial literacy of Russian citizens. To implement the strategy of improving financial literacy of the population, first of all, it is necessary to clearly understand who will receive the training. It is a well-thought-out classification of target groups that is the basis for building a system of financial education, forming a methodological basis, training specialists to broadcast financial knowledge and creating educational channels. According to the author, it is recommended to clarify and supplement the existing classification of target groups, approved by the current strategy for improving financial literacy in the Russian Federation for 2017-2023, by including such categories of citizens as preschoolers, citizens with disabilities, vulnerable segments of the population (orphans, children in orphanages and boarding schools), as well as to clarify the current structure of the "adult population" group, dividing it into low-income citizens and families, and citizens with medium and high incomes (including families). In addition, it is recommended to divide each target group by the level of available financial knowledge and skills, which will allow you to create a targeted, personalized, thoughtful training system that promotes financial literacy, awareness as well as evaluate the results of such training.

scholarly journals Sociological Research on Russian Pupils’ Financial Literacy as an Element of Project Management of Russian Students’ Financial Education

2020 ◽  
Vol 79 ◽  
pp. 03005
Author(s):  
Alexander Georgievich Tyurikov ◽  
Yuriy Alekseevich Korablin ◽  
Pavel Viktorovich Razov ◽  
Mikhail Viktorovich Kibakin ◽  
Semen Yurievich Bogatyrev
Keyword(s):  
Russian Federation ◽  
Financial Literacy ◽  
Professional Growth ◽  
Regional Differences ◽  
Financial Education ◽  
Mortgage Lending ◽  
Sociological Research ◽  
Important Conclusion ◽  
Face To Face ◽  
The Russian Federation

One of the differentiating characteristics and the main goal of this study has been to empirically study the financial literacy of modern Russian pupils and to determine their attitude to the problem of financial literacy in their everyday life. In order to solve the above goals, a set of sociological methods has been used, including a mass face-to-face survey of pupils from most regions of the country, a mass face-to-face online survey of students studying at the Financial University under the Government of the Russian Federation, in Moscow departments and departments of the regional branch network, an expert survey in regions of the Russian Federation, a content analysis of key electronic databases, e.g., the Russian State Library, the Library of Dissertations and Abstracts, the eLIBRARY.RU Scientific Electronic Library, a webometric analysis of more than 1,500 official websites of Russian regions on the problems under study, including the Usability and Visibility analysis. The authors have made some unique conclusions. Thus, more than ¾ of the modern youth understand the importance of financial literacy as an instrument to achieve their goals, and the goals demanded by the modern society. The main ones are to obtain education, to create a family, to achieve success in their career and professional growth, to establish their own business, etc. One important conclusion is as follows: the prospects for the use of deposits by today’s pupils, mortgage lending, leasing, and participation in mutual investment funds (MIFs) have a number of fundamental regional differences. Moreover, these regional differences among pupils as potential investors may be demanded by modern commercial financial and credit organizations for preparing promising medium-term development plans for their regional branches.

scholarly journals Basic Knowledge Standards for Evaluating Financial Literacy of Adults Population

2020 ◽  
Vol 20 (4) ◽  
pp. 391-399
Author(s):  
Nataliya V. Mityaeva ◽  
Keyword(s):  
Russian Federation ◽  
Financial Literacy ◽  
Adult Population ◽  
Financial Education ◽  
Well Being ◽  
Basic Knowledge ◽  
Qualitative Assessment ◽  
Level Of Knowledge ◽  
The Russian Federation ◽  
Universal Applicability

Introduction. The article reflects the basic requirements for the results of the financial literacy system for the adult population. Theoretical analysis. The standard of basic knowledge is a tool in the field of education, fixing the level of knowledge that determines financial literacy. Empirical analysis. Financial knowledge is applied in nature, is a set of information and skills that have the property of universal applicability and are objectively necessary to maintain and improve financial well-being in daily life. Results. As a part of the implementation of the National Strategy for Financial Literacy in the Russian Federation for 2017–2023, the considered standards of basic knowledge for adults can be used in the process of developing regional programs aimed at a wide target audience, they can serve to identify factors and barriers to increasing the level of financial literacy of the Russian population, create effective tools for measuring the results of activities and a qualitative assessment of the results of work. The article was prepared as a part of the Project of the Ministry of Finance of the Russian Federation and the World Bank “Promoting Improving the Level of Financial Literacy of the Population and the Development of Financial Education in the Russian Federation”.

The right to life: A comparative analysis of the relevant norms of the Constitutions of the Republic of Azerbaijan and Russian Federation

2020 ◽  
Vol 10 (1) ◽  
pp. 28-32
Keyword(s):  
Comparative Analysis ◽  
Death Penalty ◽  
Russian Federation ◽  
Practical Implementation ◽  
Right To Life ◽  
Human Right ◽  
The Russian Federation ◽  
The Republic ◽  
The Right ◽  
Criminal Legislation

The relevance of the work is determined by the fact that the right to life belongs to the basic constitutional human rights, therefore, its observance and protection is the duty of the state. Despite its undeniable importance, today the right to life anywhere in the world is not really ensured in sufficient quantities. The constitutional consolidation of the right to life raises a number of issues related to the concept, nature, legislative and practical implementation of this right. It should be noted that various aspects of the human right to life were considered in the scientific works of G.B. Romanovsky, O.G. Selikhova, T.M. Fomichenko, A.B. Borisova, V.A. Ershov and other Russian authors. The aim of the study is to study and comparative analysis of the legal content of the constitutional norm that defines the right to life, to comprehend and identify possible problems of the implementation of this right. To achieve this goal, this article discusses relevant issues of ensuring the right to life, proclaimed by Article 20 of the Constitution of the Russian Federation and Article 27 of the Constitution of Azerbaijan Republic. The results of a comparative analysis of these constitutional norms and the relevant norms of industry law allow us to determine, that there is no contradiction between Article 20 of the Constitution of the Russian Federation and the norms of the criminal legislation of the Russian Federation, which imply the death penalty as an exceptional measure of punishment, because a moratorium has been imposed on the death penalty in the Russian Federation since April 16, 1997. However, after the abolition of the death penalty in the criminal legislation of the Republic of Azerbaijan in 1998, there was a discrepancy between parts II and III of Article 27 of the Constitution of the Republic of Azerbaijan and the criminal legislation of Azerbaijan Republic that requires the introduction of the necessary changes in the content of the analyzed constitutional norm. The value of the work is determined by the fact that the introduction of appropriate changes will contribute to the further improvement of the Constitution of the Republic of Azerbaijan and the effective implementation of the right to life of everyone.

Dynamic monitoring of changes in medical and demographic indicators in the Republic of Sakha (Yakutia) from 1998 to 2018

2020 ◽  
pp. 33-36
Keyword(s):  
Mortality Rate ◽  
Population Growth ◽  
Russian Federation ◽  
Rural Population ◽  
Urban Population ◽  
Birth Rate ◽  
Dynamic Monitoring ◽  
Demographic Indicators ◽  
The Russian Federation ◽  
The Republic

We studied the medical and demographic indicators in the Republic of Sakha (Yakutia) for the last 20 years (1998–2018). A decrease in the population by 4,7 % (р<0,01) was revealed in the Russian Federation in the period 1998–2008, 3,4 % decrease, followed by its growth by 2,8 % (р<0,01); a decrease in the number of rural population in the republic and an increase in the urban population were observed. By the beginning of 2019, in comparison with the 2003 data, an increase in the population by 1.9% (р<0,01), a decrease in the number of able-bodied people in the Republic of Sakha (Yakutia) at the beginning of 2019, as compared to 1998, were revealed, by 8,2 %, in the Russian Federation – by 4,7 % (р<0,01). In the Republic of Sakha (Yakutia) the birth rate remains high, the mortality rate is relatively low, and the natural population growth is maintained.

PROBLEMS OF THE FORMATION OF REVENUES OF REGIONAL BUDGETS IN THE RUSSIAN FEDERATION

2020 ◽  
Vol 2 (8) ◽  
pp. 83-87
Author(s):  
B. Kh. ALIYEV ◽  
Keyword(s):  
Russian Federation ◽  
Present Stage ◽  
Budget Planning ◽  
Budgetary Policy ◽  
Stage Of Development ◽  
The Russian Federation ◽  
The Republic ◽  
Regional Authorities ◽  
Regional Budgets

In the Russian Federation, the problem of budget planning becomes especially relevant when the pace of economic development slows down. The article examines the features of the formation of regional budgets, using the example of the budget of the Republic of Dagestan. The analysis of incomes to the budget is carried out. The role of regional taxes in the formation of budget revenues of the Republic of Dagestan is revealed. According to the results of the study, it can be concluded that the budgetary policy of the regions at the present stage of development of the Russian economies does not contribute to a further increase in the rates of economic growth. The article offers recommendations for improving the regional budgetary policy of the Russian Federation and increasing the responsibility of regional authorities.

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