scholarly journals Tools Improvement for Stimulating Investment Attractiveness of the Energy Complex of Russia

2019 ◽  
pp. 92-99
Author(s):  
Inna Rykova ◽  
Denis Taburov
Keyword(s):  
Economic Growth ◽  
Oil And Gas ◽  
Raw Materials ◽  
Economic Benefits ◽  
Investment Strategies ◽  
Real Sector ◽  
The Real ◽  
Investment Projects ◽  
Energy Complex ◽  
Return On Capital

The article deals with the investment forecast for the energy sector of Russia in the long term for the period up to 2030, analyzes the dynamics and identifies cause-effect relationships. The hypothesis of growth of investment attractiveness is formed on the basis of revenue assessment of the largest companies of the fuel and energy complex of Russia. The authors describe the possibilities for the use of financial instruments for the development of the real sector of the economy. The indicators of evaluating the effectiveness of investment projects in the field of oil exploration and production are given. The potential of the world leaders in the field of oil supply to the international energy market is studied. Methods, forms and sources of financing of the real sector of economy are defined. The measures to stimulate economic growth and increase the investment attractiveness of the studied industry are recommended. The analysis of the oil and gas complex is carried out on the following economic indicators: criteria of return on capital and sales, coefficients of business activity, financial leverage, liquidity and capitalization of assets of companies operating in a single industry. This made it possible to identify inefficient producers of raw materials whose investment strategies are in dire need of adjustment and optimization of sources of financing. As a result of the study, proposals are formulated to redistribute investments into more profitable segments of the extractive industry, to combine the mechanisms of taxation of mineral extraction with the extraction of economic benefits from the expansion of the range of export duties levied on foreign trade operations. The article traces the economically significant idea of the need to modernize infrastructure organizations, the construction of new facilities in the activities of generating industries based on the optimization of investment flows in the companies of the real sector of the economy. As a result of the research, the authors substantiate the proposals for linking the economic growth of the country with the processes of investment in oil production and exploration taking into account the elimination of imbalances in the structure of revenue and capital.

scholarly journals Investment attractiveness of the real sector of the economy in the framework of sustainable development

2021 ◽  
pp. 135-140
Author(s):  
O. E. Astafieva ◽  
A. V. Kozlovsky ◽  
N. A. Moiseenko
Keyword(s):  
Sustainable Development ◽  
Construction Industry ◽  
Development Strategy ◽  
Investment Efficiency ◽  
Real Sector ◽  
Digital Environment ◽  
Investment Activity ◽  
The Real ◽  
Investment Projects ◽  
Return On Capital

The article discusses the main problems associated with the development and implementation of investment projects at enterprises of the real sector of the economy for sustainable development. The current situation in the investment and construction sector of the economy has been evaluated and the ways of solving the main problems of investment activity in the construction industry are outlined. The issues of formation mechanism of the investment attractiveness of industries and individual organizations, production and investment activities have been consistently considered. Traditional indicators and criteria of investment efficiency have been analysed. The expediency of using indicators of the return on capital or assets of the organization necessary for the implementation of the project has been substantiated. It has been noted that in the process of developing an organization’s sustainable development strategy, it is necessary to take into account its digital transformation, within the framework of the possibility of functioning in a single digital environment in order to increase competitiveness. The applying a comprehensive assessment of the effectiveness of attracting investments for the implementation of investment programs based on the selected criteria, taking into account their functioning in the digital environment, – has been recommended.

Reducing the Risks of the Financial Sector to Ensure Sustainable Growth of the Russian Еconomy

2019 ◽  
Vol 12 (3) ◽  
pp. 86-92
Author(s):  
T. I. Minina ◽  
V. V. Skalkin
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Financial Sector ◽  
Developed Countries ◽  
Sustainable Growth ◽  
Necessary Condition ◽  
Real Sector ◽  
Financial Instruments ◽  
The Real ◽  
The Impact

Russia’s entry into the top five economies of the world depends, among other things, on the development of the financial sector, being a necessary condition for the economic growth of a developed macroeconomic and macro-financial system. The financial sector represents a system of relationships for the effective collection and distribution of economic resources, their deployment according to public demand, reducing the risk of overproduction and overheating of the economy.Therefore, the subject of the research is the financial sector of the Russian economy.The purpose of the research was to formulate an approach to alleviating the risks of increasing financial costs in the real sector of the economy by reducing the impact of endogenous risks expressed as financial asset “bubbles” using the experience of developed countries in the monetary policy.The paper analyzes a macroeconomic model applied to the financial sector. It is established that the economic growth is determined by the growth and, more important, the qualitative development of the financial sector, which leads to two phenomena: overproduction in the real sector and an increase in asset prices in the financial sector, with a debt load in both the real and financial sectors. This results in decreasing the interest rate of the mega-regulator to near-zero values. In this case, since the mechanisms of the conventional monetary policy do not work, the unconventional monetary policy is used when the mega-regulator buys out derivative financial instruments from systemically important institutions. As a conclusion, given deflationally low rates, it is proposed that the megaregulator should issue its own derivative financial instruments and place them in the financial market.

scholarly journals Financial system and growth and economic development

VUZF Review ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 160-170
Author(s):  
Małgorzata Hala
Keyword(s):  
Economic Growth ◽  
Economic System ◽  
Financial Institutions ◽  
Financial System ◽  
Financial Sector ◽  
Real Sector ◽  
The Real ◽  
State And Local ◽  
The Impact

The aim of the article is to present the role of the financial system in economic growth and development. The first part presents the traditional understanding of the relationship between the economic system and economic growth. The second part presents the experience of financial crises and their impact on the conversation on the mutual relations between the financial sector and the real sector. The third part shows the role of the state in the financial system. The article describes the arrangement of interrelated financial institutions, financial markets and elements of the financial system infrastructure.  It shows what part of the economic system the financial system is, and whether it enables the provision of services allowing the circulation of purchasing power throughout the economy. The article presents the important role of the financial system, the role related to the transfer of capital from entities with savings to entities that need capital for investments. It shows the financial system as a set of logically related organizational forms, legal acts, financial institutions and other elements enabling entities to establish financial relations in the real sector and the financial sector, and this system forms the basis of activity for entities using money, enabling the conclusion of various economic transactions, in which money performs various functions. The article also presents the concept of a financial crisis as a situation in which there are rapid changes in the financial market, usually associated with insufficient liquidity or insolvency of banks or financial institutions, and as a result, a decrease in production or its deepening. The article also includes issues related to the impact of public authorities (state and local authorities) on the financial system in the economy.

scholarly journals WORLD EXPERIENCE OF BUSINESS PROCESSES ORGANIZATION BUILD-INVESTMENT PROJECTS NEW FORMS AND MANAGEMENT IN THE FIELD OF UKRAINE COMPLEX OBJECTS DEVELOPMENT

2018 ◽  
Vol 1 (50) ◽  
pp. 238-245
Author(s):  
O. V. Redkin ◽  
R. I. Pahomov ◽  
O. E. Zyma
Keyword(s):  
Business Processes ◽  
Oil And Gas ◽  
Real Economy ◽  
Business Systems ◽  
Complex Objects ◽  
The Real ◽  
Investment Projects ◽  
Organization And Management ◽  
Scientific Principles ◽  
Practical Recommendations

The scientific principles and practical recommendations on the organization and management of business processes and construction investment projects in the real sector of the Ukrainian economy are developed. These issues are considered on an example of the development of objects and processes in the oil and gas complex. The basis of its improvement is proposed to apply new forms and best international experience to ensure the modern progress and competitiveness of complex industrial and business systems. It is determined that the practical recommendations given in the article can be successfully applied in industry and other sectors of the real economy sector of Ukraine. Their use should ensure the acceleration of modern progress and the growth of the competitiveness of the domestic economy.

scholarly journals Islamic Monetary Instruments Contribution to Economic Growth: Literature Study

2021 ◽  
Vol 22 (2) ◽  
pp. 42-51
Author(s):  
Juliana Nasution ◽  
Andri Soemitra ◽  
Rifki Ismal ◽  
Amin Al Jawi ◽  
M.Indra Mulia Nasution ◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Justice ◽  
Qualitative Approach ◽  
Islamic Banking ◽  
Real Sector ◽  
Literature Study ◽  
Equitable Distribution ◽  
Business World ◽  
The Real ◽  
Distribution Of Income

In Islamic economics, the monetary sector and the real sector must be able to go side by side. Even the monetary sector must follow developments for the real sector. The goal of Islamic economics is the creation of economic justice through equitable distribution of income, one of which is seen from the growth of the real sector, which is a representation of the level of productivity and welfare of the community. This is directly related to the business world. Therefore, when the level of community productivity increases, it will aggregately affect economic growth. On the other hand, one of the monetary instruments in Islamic economics is Islamic banking. This means that the increasing performance of Islamic banking must be in line with the increase of the real sector. The purpose of this study is to analyze the contribution of increasing Islamic banking performance to economic growth through a literature study related to a qualitative approach, where the collected literature is analyzed by content analysis and the data is triangulated to make a conclusion. The findings of this study indicate that Islamic monetary instruments in the Islamic banking case contribute to economic growth through an increase from the real sector

scholarly journals Peranan Al-Mudharabah Sebagai Salah Satu Produk Perbankan Syariah Dalam Upaya Mengentaskan Kemiskinan Di Indonesia

2012 ◽  
Vol 8 (2) ◽  
Author(s):  
Dwi Agung Nugroho Arianto
Keyword(s):  
Economic Growth ◽  
Basic Principle ◽  
Small And Medium Enterprises ◽  
Profit Sharing ◽  
Islamic Banking ◽  
Real Sector ◽  
Islamic Banks ◽  
Small Community ◽  
The Real ◽  
Medium Enterprises

One of the fight against poverty can be done by expanding access to Micro, Small and Medium Enterprises (UMKM) in obtaining such capital facilities through Islamic banking. Based on the basic principle of its products, Islamic banks have the financing to the principle of profit sharing, which developed the product mudharabah. This financing is productive because the capital invested for the supply of labor so as to empower the economy through small community of Micro, Small and Medium Enterprises (UMKM). By developing micro, small and medium enterprises it will help create jobs and economic growth in the real sector, thus keeping down unemployment and poverty in Indonesia.

scholarly journals Methodology of allocation of costs for the introduction of new and modernization of existing technologies for the production cost of products in the conditions of sustainable development of an industrial enterprise

2021 ◽  
Vol 9 (3) ◽  
pp. 11-15
Author(s):  
Igor' Mizikovskiy
Keyword(s):  
Sustainable Development ◽  
Production Cost ◽  
Traditional Approach ◽  
Cost Savings ◽  
Indirect Costs ◽  
Economic Benefits ◽  
Real Sector ◽  
The Sustainable Development ◽  
The Real ◽  
Production Technologies

One of the important tools for incorporating the paradigm of sustainable development into the complex fabric of economic activity of an enterprise in the real sector of the economy is the permanent process of introducing new and updating existing production technologies. Managing this difficult process requires fundamental changes in the traditional approach to structuring the information and tool space of the accounting and calculation process of forming the production cost of products. The solution of this difficult task involves the decomposition of the pool of indirect costs in order to allocate from its composition the costs of introducing new and upgrading used technologies and then assigning them to the production cost. It should be noted that these costs are distributed in proportion to the quantitative characteristics of material cost savings. The choice of this indicator as a distribution base is justified by the fact that it is one of the key components of the economic benefits coming to the enterprise. In the course of the study, various methods were used comprehensively, including: observation, systematization, formalization, modeling and visualization, decomposition and aggregation of data. The results obtained in the course of the study will improve the quality of the information and instrumental space for making managerial decisions aimed at ensuring the sustainable development of economic entities in the real sector of the economy by updating existing and introducing new, advanced production technologies.

scholarly journals A new algorithm for real economy benefit evaluation based on big data analysis

Open Physics ◽  
2018 ◽  
Vol 16 (1) ◽  
pp. 967-977
Author(s):  
Zhuo Wang ◽  
Rd Rohmat Saedudin
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Net Present Value ◽  
Oil And Gas ◽  
Big Data Analysis ◽  
Economic Benefits ◽  
Real Economy ◽  
The Real ◽  
Benefit Evaluation ◽  
Whole Life Cycle

Abstract Based on the Sino-foreign petroleum cooperation project, the benefit evaluation algorithm of real economy based on big data analysis is proposed. The investment payback period, net present value, internal rate of return, discounted profit after investment and option value are selected as the benefit evaluation indicators of the real economy. The benchmark yield, discount rate and oil option parameters are defined as the benefits evaluation parameters of the real economy. Through the Delphi method and the analytic hierarchy process, the weight of each factor is specified. The method of expert independent scoring is used to construct the judgment matrix, and the consistency check is performed on the sort. The feature quantity matrix of the evaluation indicator is established to perform dimensionless processing on the original data. The project’s economic benefit indicators are divided into positive indicators of “ideal economic benefits” and negative indicators of “negative economic benefits”, the grey correlations are calculated, and real economic benefits are assessed. The results of project example analysis show that the algorithm not only realizes the whole life cycle management of overseas oil and gas cooperation projects, but also conducts tracking and evaluation of project implementation and economic benefits during the implementation process, and conducts sensitivity analysis on key indicators, that provides effective decision support for managers.

scholarly journals Research on the Issues of Economic Growth Centres’ Establishment in the South of the Angara-Yenisei Macroregion

2020 ◽  
pp. 1736-1745
Author(s):  
Elena A. Bryukhanova ◽  
Valery S. Efimov ◽  
Nikolay G. Shishatsky
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Life Support ◽  
Raw Materials ◽  
Project Approach ◽  
Investment Projects ◽  
Socio Economic Development ◽  
The Impact ◽  
Growth Centres ◽  
Large Investment

The article considers the peculiarities and conditions for the implementation of large investment projects and the possibility of forming regional centres for promising economic growth on this basis. The authors have analysed large investment projects aimed at developing the mineral and raw materials sector in the southern regions of the Angara-Yenisei macroregion, and assessed the impact of projects on indicators of socio-economic development of territories. The article shows that the project approach aimed at implementing individual investment projects and creating growth points in the mineral and raw materials sector should be supplemented by measures aimed at developing the territorial infrastructure, stimulating small and medium-sized businesses and improving all aspects of life support for the population

scholarly journals KONSEP RIBA DALAM AL-QUR’AN

2016 ◽  
Vol 7 (1) ◽  
pp. 1
Author(s):  
Abdul Ghofur
Keyword(s):  
Economic Growth ◽  
Financial Institutions ◽  
The Other ◽  
Real Sector ◽  
Economic Activities ◽  
The Real ◽  
The Public ◽  
World Community ◽  
Major Disadvantage ◽  
Money Manager

Riba is an economic activity that is prohibited by the Qur’an. Chronologically, the ban has been outlined clearly. On the other hand, bank interest that become one pillar of the existence of financial institutions is rated synonymous with usury. Financial institutions have become a pillar of economic growth. The problem is why the Qur’an forbids usury, whereas various economic activities ‘need’ the existence of interest that are identical to the usury. This study found two findings. First, the prohibition of riba in the Qur’an have preceded other forms of restrictions are more morally intolerable that broadly impacts a major disadvantage in the community. On the other side of the Qur’an strongly encourages the public Makkah to help the poor and orphans around him. Second, the prohibition of riba in the Qur’an has relevance to the real sector of the economy. Therefore, the economy based on usury will naturally ignore the underlying transaction which is the basis of the real sector. As a result of the investors (capitalists) certainly fortunate while the money manager/entrepreneur is still no clarity, so that the position is unbalanced, unjust. The usurious economic system can lead to gaps world community economic growth constantly.

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