INTERLEVEL FINANCIAL FLOWS IN THE BUDGETARY SYSTEM OF THE RUSSIAN FEDERATION

2020 ◽  
Vol 1 (6) ◽  
pp. 4-7
Author(s):  
B. Kh. ALIYEV ◽  

The article examines the current state of the fiscal policy of the constituent entity of the Russian Federation, which is a combination of diverse economic management measures based on the distribution and redistribution of financial flows. The analysis of fiscal policy on the example of the subject of the Russian Federation (Republic of Dagestan). The article outlines the problematic issues of the tax policy of the Republic of Dagestan and suggests ways to overcome the identified problems.


2021 ◽  
Vol 12 (3) ◽  
pp. 493-501
Author(s):  
Alexandr I. Bastrykin ◽  

The aim of the work is to show the public danger of money laundering and financing of terrorism, and to identify ways to improve the existing legislation to curb these crimes. The research comprehensively examines the practice of identifying and investigating money laundering and financing of terrorism by the Investigative Committee of Russia. Today, these crimes pose a serious threat to Russian society and have a destructive effect on the country’s economy. The article analyzes the results of the Investigative Committee of Russia’s work on the investigation of these crimes, examines the experience of interaction with specialized state organizations in this field, and also discusses various methods of money laundering and financing of terrorism with specific examples. Particular attention is paid to the prevention and suppression of terrorism and extremism, including prevention of radical ideology. The results of the joint work of the Investigative Committee of Russia with other law enforcement structures of the Russian Federation in this field are also presented and supported by statistical data. Particular focus is placed on the financing of terrorism by attracting funds through the Internet, which today has become one of the main channels for the movement of financial flows. In addition, the article analyzes the legal framework on the basis of which the state authorities of the Russian Federation carry out comprehensive work to identify and suppress the financing of terrorism. The work also discloses the role of digital currency, the turnover of which bears certain risks and can be used for anonymous financial support of terrorist organizations. The main conclusion is that effective opposition to the legalization of proceeds from crime and the financing of terrorism can be carried out simultaneously with the suppression of extremist ideology at two levels — national and international.


2021 ◽  
Vol 2 ◽  
pp. 6-9
Author(s):  
Irina A. Firsova ◽  
◽  
Elena P. Radchenko ◽  

The article considers the existing procedure for forecasting revenue receipts administered by the Federal Penitentiary Service of Russia to the budgets of the budget system of the Russian Federation from the point of view of economic security. It is noted that the formation of federal state institutions, in fact, led to the deprivation of the right to independently manage their own financial flows arising within the framework of their economic activities. Therefore, all income received by institutions and bodies of the penal system of the Russian Federation from the production of products, performance of works and provision of services should be planned and transferred to the budget. This, in turn, indicates the relevance of the formation of a unified approach to forecasting budget revenues of the budget system of the Russian Federation for items administered by the Federal Penitentiary Service of Russia, in connection with which the corresponding methodology has been approved. As a recommendation for calculating the forecast values, it is proposed to additionally use the extrapolation method.


2020 ◽  
Vol 144 ◽  
pp. 136-143
Author(s):  
Elena A. Matchenko ◽  

Monetary policy currently pursued by the Central Bank of the Russian Federation is a reflection of external market conditions. Regulatory approaches should, in particular, help reduce the dependence of monetary policy on external factors — such as oil prices, foreign loans, access to foreign markets, etc. This is not about completely isolating the monetary sphere of the Russian Federation from parameters and the external environment. It is required to refuse close, automatic communication with the given parameters. It is necessary to increase the stability of the monetary system of the Russian Federation and the economy as a whole in relation to external shocks. This can be done through more active use of a wide range of tools available to the regulator. These include monetary and regulatory mechanisms (interest rates, reserve requirements, foreign exchange positions, etc.), gold reserves, verbal interventions, etc., which can have a stimulating effect on economic growth. The high volatility of the ruble now observed makes it extremely difficult for enterprises to plan and forecast, thereby making it impossible for the normal course of investment processes and expanded reproduction. In order to use monetary mechanisms to stimulate economic growth and eliminate the negative effects of current monetary policy (in particular, implemented since autumn 2014), a departure from inflation targeting and free floating of the ruble exchange rate is necessary. At the same time, it is obviously necessary to abandon many components or closely related elements (for example, “monetary contraction”). In addition, steps will be needed to stabilize the foreign exchange market, which would have positive effects (falling volatility, lower inflation, etc.). Under current conditions, with limited access to external financial resources, it is important to use mechanisms for generating financial flows based on internal sources. In other words, the monetary base should be formed due to internal factors, and not depend on the dynamics of energy prices. In previous years, the main emphasis in the Russian economy was placed on the external sphere as a source of growth financing. Restricting access to external cheap financial resources (due to low oil prices, sanctions, etc.), as well as continuing geopolitical tensions with regard to Russia, reduce the possibilities for implementing longterm investment projects in the economy. This increases the relevance of national mechanisms and sources of formation of the resource base (including long) necessary to refinance previously taken loans, as well as to implement structural changes in the Russian economy.


Author(s):  
O.A. Bogatova

The article analyzes domestic theoretical and methodological approaches to the study of administrative centers of the subjects of the Russian Federation. The author states a wide application of the concept of "capital city" in relation to the regional administrative centers, which are described by researchers as points of concentration of regional (or federal) ruling elites, dominating over the controlled and dependent on them "peripheral" territory of the region in political, economic and cultural relations, having access to global or federal financial flows, providing the population of the city and the region with social chances and access to a variety of services, creating and centralizing information and communication flows on the territory under their control, as well as cultural and symbolic foundations of regional identity. It is noted that there are opposing approaches to the analysis of regional and urban territorial identities in the research: essentialist one, based on the identification of "territories of belonging" and "territorial spaces" as objects of social identification of the population and symbolic formation of territorial identity politics with the self-consciousness of the region and its capital; and constructivist approach, focusing on the activity and interest of regional elites in the production of their capital identities. Culturalization is characterized as the predominant frame for the study of urban identity in contemporary Russia, with less pronounced attention to the civic component of urban identity, which is based on a sense of responsibility for the city and local civic activism. Among the distinctive characteristics of the capital cities identity of the republics within the Russian Federation, domestic researchers refer to the tendency to its "ethnicization" and absorption of republican identity through the reduction of cultural and symbolic components to cultural symbols and performative (including socio-political) practices, attributed by regional elites to the ethno-national identity of "titular" ethnic communities of the republics. Nevertheless, almost the same parameters of identity - local symbols, regional and capital cities’ "political mythology", its heroes and narratives, public events are considered as "natural" or constructed bases of capital city identity in the studies devoted to both the capitals of the republics and other subjects of the Russian Federation.


2020 ◽  
Vol 84 ◽  
pp. 03007
Author(s):  
Mikhail Ulchenko ◽  
Nikita Ponomarev

The article is devoted to the study of issues of ensuring the economic security of the Arctic regions of the Russian Federation. It is proved that the most important element of the system of ensuring the economic security of the state and regions is the financial component. At the same time, the financial security of the economy depends not only on the amount of available financial resources, but also on the intensity of financial flows. The concept of “regional finance system” has been clarified. It is concluded that in the current unfavorable macroeconomic conditions, the cost of making management decisions aimed at creating the necessary amount of financial resources sufficient to ensure the economic security of regions and the implementation of national projects is significantly increased. It is revealed that the main instrument of financial regulation of the development of the Arctic regions is the so-called system of inter-budget transfers. At the same time, the current legislation does not distinguish the regions of the Arctic zone of the Russian Federation into a separate category, all regions can apply for subsidies from the federal budget on an equal basis.


2020 ◽  
pp. 5-20
Author(s):  
Roman BADYLEVICH ◽  
◽  
Elena VERBINENKO ◽  

The article examines the issues of financing the development of the Russian Arctic territories and the participation of banking structures in this process. A set of strategic documents for the development of the Arctic zone of the Russian Federation is considered, the dynamics of approved amounts of funding for Arctic development programs are analyzed, and the structure of sources of financing for investment in fixed assets in regions whose territory belongs to the Arctic zone of the Russian Federation is studied. It is concluded that banks are not sufficiently involved in investment activities in most of the Arctic regions (except the Yamal-Nenets Autonomous district, where the active role of banking institutions is due to participation in the financing of large gas and oil production projects in the Northern part of the region), and in recent years, foreign banking structures decline investment activity. The article describes the prospects of participation of the largest Russian banking structures in implementing large-scale projects in the Arctic, such as VTB Bank, Sberbank of Russia, and Gazprombank. The analysis of the possibilities of concentration of banking capital, as well as the use of mechanisms of public-private partnership based on the creation of a single financial institution with state participation is performed. The most effective form of improving the efficiency of financial flows management in the framework of strategic development of the Arctic territories can be the creation of The Bank for reconstruction and development of the Arctic.


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