The Role of the Federal Budgetary Investments in Ensuring the Socio-Economic Development of Russia in 2019–2021

2019 ◽  
Vol 12 (3) ◽  
pp. 48-58
Author(s):  
R. A. Alandarov
Keyword(s):  
Economic Development ◽  
Socioeconomic Development ◽  
Federal Budget ◽  
Developed Countries ◽  
Legal Framework ◽  
Legal Regulation ◽  
Capital Investments ◽  
Investment Planning ◽  
Socio Economic Development ◽  
Investment Structure

The paper describes the specifics of planning federal budget allocations for budgetary investments in 2019–2021.The relevance of the paper is due to the fact that Presidential Decree No. 204 of May 07.2018 sets the goal for Russia to break into the top five world economies and ensure economic growth rates exceeding the world rates while maintaining the macroeconomic stability. The subject of the research is federal budget allocations for budgetary investments. The purpose of the research was to assess the volume, dynamics, structure and legal support of budgetary investments to ensure their compliance with the objectives of the socio-economic development of Russia. Based on a dynamic structural analysis of the federal budget investments as well as a comparative analysis of fixed investments in Russia and developed countries, it is concluded that there is a need to enhance the fixed asset investments by increasing budgetary investment amounts along with encouraging private investing by the population and businesses. Apart from increasing capital investments from the federal budget, it is also important to update the budgetary investment structure with a focus on the main socioeconomic development targets. The analysis of the legal regulation in the field of budgetary investments showed the necessity to refine the existing legal framework to improve the quality of the budgetary investment planning. Following the analysis of factors hindering the growth of private investing, proposals were made on to how to improve the investment climate in the Russian Federation.

Socio-Economic Development of Russia: Through the Waves of a Pandemic and a Systemic Crisis

2021 ◽  
Vol 28 (2) ◽  
pp. 90-111
Author(s):  
A. A. Frenkel ◽  
B. I. Tikhomirov ◽  
Ya. V. Sergienko ◽  
A. A. Surkov
Keyword(s):  
Economic Development ◽  
Industrial Production ◽  
Federal Budget ◽  
The State ◽  
Financial Policy ◽  
Capital Investments ◽  
Case Examples ◽  
Development Indicators ◽  
Socio Economic Development ◽  
Systemic Crisis

In the article, the authors express their opinion on the outcomes of social and economic development of Russia in 2020 and give a forecast of expected results for 2021 and 2022. The state and possible directions for overcoming stagnation are considered, primarily by closing the technology gap in production and ensuring the growth of labor productivity, business, investment and consumer activity, increasing the efficiency of capital investments as key factors in the recovery of the real sector and the knowledge economy, including industrial production, agriculture, capital construction.The drawbacks of the current management system are noted, and measures to overcome the structural crisis are proposed. The need for changing the state socio-economic policy is substantiated. Its main goal should be to ensure the health of the nation.The authors compare trends in the Russian and world economies by main development indicators, such as gross domestic product, industrial production, investments, foreign trade.The article examines the shortcomings of the current state financial policy, which should become an instrument of financial support for sustainable socio-economic development and countering external and internal risks and threats. The problems of execution of the federal budget for 2020 are analyzed. Using case examples, the authors prove the necessity for priority use of financial resources of the «rainy-day fund» to accelerate the development of sectors of the national economy.Given the slowdown in global economic growth in 2020 and problems associated with its full recovery in 2021, the expected expansion of trade wars and sanctions lead to a conclusion that there is a growing negative trend in the Russian economy as well with the potential of stagnation escalating into recession.

scholarly journals МОНІТОРИНГ СУЧАСНОГО СТАНУ МІЖРЕГІОНАЛЬНИХ ДИСПРОПОРЦІЙ РОЗВИТКУ

2018 ◽  
pp. 89-99
Author(s):  
О. В. Тофанюк ◽  
А. С. Зінчук ◽  
О. М. Ващенко
Keyword(s):  
Economic Development ◽  
Local Development ◽  
Developed Countries ◽  
Metropolitan Region ◽  
Practical Significance ◽  
Capital Investments ◽  
Current State ◽  
Socio Economic Development ◽  
Macroeconomic Indicators ◽  
Regional Product

Formulation of the problem. In order to determine the current state of socio-economic development of the regions, the administrative-territorial structure of the country is considered in the regional section. The aim of the research is to analyze the scale of disproportions in the socio-economic development of the country's regions. The object of the research is the current state of development of the regions of Ukraine and the process of identifying regional development disproportions. The hypothesis of the research is the assumption that in recent years in Ukraine and in most of its regions, the developmental imbalance that is characterized by a significant demographic crisis, interregional economic and social disparities deepens. The statement of basic materials. The result of the significant differentiation of the country's socio-economic space is the varying capacity of the regions to ensure local development: there is an intensification of the differentiation of regions according to indicators such as the gross regional product, the income of the population, the average monthly wage, the scope of which varies by regions per capita reaches almost twice the size, and the unemployment rate in regions with a depressed state of development is 3 times more than in developed countries. The originality and practical significance of the research. The analysis of the share of regions in the total volume of the main macroeconomic indicators - net profit of enterprises, volumes of export, import, capital investments, retail turnover of enterprises is made. It has been determined that developed regions such as the metropolitan region, Dnipropetrovsk and Kharkiv regions occupy 10.0-40.0% of the total, while the backward regions – Ternopil, Chernivtsi, Kirovograd regions occupy almost 3.0% on these indicators. The same trends of spatial development can be traced to the fullness of regional budgets. Conclusions of the research. After the budget regulation, the ranking of regions for budget security varies significantly. If the Kharkiv region took the sixth place before the transfers, then after granting it - the nineteenth, Odesa region moved from the fifth place to the seventeenth, Nikolayev region from the ninth to the eighteenth. Conversely, such areas as Sumy, Zhytomyr and Volyn changed the rating from the eleventh fifth, from fifteenth to tenth, from the seventeenth to ninth, respectively. This situation does not give grounds for expanding its own tax base, to create favorable conditions for the development of the region's economy and, therefore, there is the effect of artificial subsidization of economically developed regions.

Spatial socioeconomic development of cooperating regions: The Siberian Federal District case study

2020 ◽  
Vol 18 (7) ◽  
pp. 1266-1285
Author(s):  
Sn.P. Mongush
Keyword(s):  
Economic Development ◽  
Socioeconomic Development ◽  
Federal District ◽  
Conceptual Basis ◽  
Siberian Federal District ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Development Objectives ◽  
The Relationship

Subject. This article explores the various aspects of the concept of Spatial Development. Objectives. The article aims to develop a conceptual basis for the spatial socio-economic development of the collaborating regions. Methods. For the study, I used the methods of comparative and statistical analyses. Results. The article shows how cooperation between the subjects of the Russian Federation increases the potential of economically united regions. Conclusions. When preparing national strategic planning documents, it is necessary to take into account the specifics of regions, their capacity, available resources, and focus on the relationship between regions.

CURRENT ISSUES OF INTERBUDGETARY EQUALIZATION

2020 ◽  
Vol 1 (12) ◽  
pp. 74-78
Author(s):  
A. A. BISULTANOVA ◽  
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Russian Federation ◽  
Current System ◽  
Federal Budget ◽  
Financial Resources ◽  
Socio Economic Development ◽  
Interregional Differentiation ◽  
The Russian Federation ◽  
The Stability

The author touched upon topical issues of inter-budget alignment, budget provision of regions with financial resources, focusing on factors that directly affect the stability of the budget system, as well as highlighting problems in the budget sphere that require urgent attention from the authorities. It is concluded that the level of interregional differentiation continues to increase, and the modern mechanism of budget equalization requires urgent amendments and adjustments. It is emphasized that the main goals of socio-economic development of the Russian Federation related to the transition to an innovative type of development, changes in the structure of the national economy, set out in strategic documents and messages of the President of the Russian Federation and declared since 2009, are not being implemented, and the effectiveness of state economic policy and Federal budget expenditures for its implementation remains low. This indicates the need to review the current system.

Assessment of the influence of the spatial environment on the socio-economic development of the municipality

2019 ◽  
Vol 40 (3) ◽  
pp. 148-155
Author(s):  
K. N. Yusupov ◽  
V. M. Timiryanova, ◽  
Iu. S. Toktamysheva ◽  
A. F. Zimin,
Keyword(s):  
Economic Development ◽  
Socioeconomic Development ◽  
Statistical Data ◽  
Geographical Location ◽  
Integrated Approach ◽  
The State ◽  
Municipal District ◽  
Socio Economic Development ◽  
Spatial Environment ◽  
The Impact

The article presents a methodology for assessing the impact of spatial environment on the socioeconomic development of municipalities. It relies on existing tools for assessing the state and potential of the geographical location of municipalities. An integrated approach allows to determine the potential of the interaction of the municipality with the neighbors of the first and second order. The methodology was tested on statistical data on the Blagovarsky municipal district.

scholarly journals Challenges and Sustainability of China’s Socio-Economic Stability in the Context of Its Demographic Development

Societies ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 22
Author(s):  
Andrea Čajková ◽  
Peter Čajka
Keyword(s):  
Economic Development ◽  
Pension System ◽  
Population Policy ◽  
Developed Countries ◽  
Economic Stability ◽  
Demographic Development ◽  
Demographic Challenges ◽  
Family Behavior ◽  
Socio Economic Development ◽  
The Impact

Like many developed countries in the world, China currently faces many serious demographic challenges that pose a potential risk to the country’s socio-economic development and stability. The current demographic development and trend is characterized by a change in the reproductive behavior of the population, characterized by a decline in birth rates, a change in family behavior, and a shift in the value system. This paper is aimed at identifying the impact of population policy and the degree of its influence on both the economic and social system of the country. Based on a deterministic approach, the findings reveal and demonstrate the serious demographic challenges facing China, and we are noting that there is no guarantee that parametric adjustments, such as shifting the retirement age, will de facto ensure the financial health of the pension system by preventing bankruptcy. We point out the risks and prospects for the sustainability of China’s socio-economic development based on an analysis of past and current Chinese demographic policy.

scholarly journals Global epidemiology and socio-economic development correlates of the reproductive ratio of COVID-19

2021 ◽  
Author(s):  
Lutz P Breitling
Keyword(s):  
Economic Development ◽  
Empirical Evidence ◽  
Maternal Mortality Ratio ◽  
Developed Countries ◽  
Linear Regression Models ◽  
Extreme Poverty ◽  
Development Indicators ◽  
Global Epidemiology ◽  
Socio Economic Development ◽  
Mortality Ratio

Abstract Background The most commonly cited argument for imposing or lifting various restrictions in the context of the coronavirus disease 2019 (COVID-19) pandemic is an assumed impact on the reproductive ratio of the pathogen. It has furthermore been suggested that less-developed countries are particularly affected by this pandemic. Empirical evidence for this is lacking. Methods Based on a dataset covering 170 countries, patterns of empirical 7-d reproductive ratios during the first months of the COVID-19 pandemic were analysed. Time trends and associations with socio-economic development indicators, such as gross domestic product per capita, physicians per population, extreme poverty prevalence and maternal mortality ratio, were analysed in mixed linear regression models using log-transformed reproductive ratios as the dependent variable. Results Reproductive ratios during the early phase of a pandemic exhibited high fluctuations and overall strong declines. Stable estimates were observed only several weeks into the pandemic, with a median reproductive ratio of 0.96 (interquartile range 0.72–1.34) 6 weeks into the analysis period. Unfavourable socio-economic indicators showed consistent associations with higher reproductive ratios, which were elevated by a factor of 1.29 (95% confidence interval 1.15 to 1.46), for example, in the countries in the highest compared with the lowest tertile of extreme poverty prevalence. Conclusions The COVID-19 pandemic has allowed for the first time description of the global patterns of reproductive ratios of a novel pathogen during pandemic spread. The present study reports the first quantitative empirical evidence that COVID-19 net transmissibility remains less controlled in socio-economically disadvantaged countries, even months into the pandemic. This needs to be addressed by the global scientific community as well as international politics.

scholarly journals Cluster policies of large cities in Russia and Kazakhstan

R-Economy ◽  
2020 ◽  
Vol 6 (1) ◽  
pp. 28-39
Author(s):  
Irina D. Turgel ◽  
◽  
Larissa L. Bozhko ◽  
Veronika T. Pandzhiyeva ◽  
◽  
...  
Keyword(s):  
Economic Development ◽  
Information Technologies ◽  
Legal Framework ◽  
Practical Significance ◽  
Cluster Policy ◽  
Large Cities ◽  
Modern Cities ◽  
Urban Cluster ◽  
Socio Economic Development ◽  
National Governments

Relevance. Faced with globalization challenges, large modern cities need to develop their competitive advantages. One source of such advantages is clustering of urban economy. Questions dealing with cluster-based policies and classification of clusters operating on the regional and national levels have attracted much scholarly attention while there is still a research gap regarding urban cluster policies and comparison of city-based clusters. Research objective. The purpose of this study is to analyze the legal framework of cluster policies in Russia and Kazakhstan and to describe the criteria for classification and comparison of city-based clusters. Data and methods. The study used methods of systemic and comparative analysis, formalized methods of analysis of regulatory acts. The selected criteria are universal and can be used for cluster analysis in different countries. We considered strategies for socio-economic development of large cities in Russia and Kazakhstan from the official websites of city administrations as well as the regulatory acts of specific cities. Results. In both countries, clusters play a significant role in the development strategies of territories. The Russian and Kazakh governments take similar measures to support cluster initiatives. The regulatory legal acts of both countries emphasize the allocation of subsidies and co-financing of regional programs and R&D in clusters. The process of cluster creation in Russia started later than in Kazakhstan but was also more intensive. A popular specialization for clusters in both countries is information technologies and communications, which corresponds to the goals set by the national governments. Conclusions. In both countries, the number of clusters in large cities is increasing annually. Typically, clusters have 11-50 participants. In both countries, there are clusters of different specialization. Strategies for socio-economic development serve as the main documents for devising cluster policies of cities. The practical significance of the study is that it proposes an approach to classification and comparison of clusters that can be used in further analysis and for identification of cluster policy priorities.

A hectare of development and opportunities

2021 ◽  
Author(s):  
V.N. Shelomentsev
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Federal District ◽  
Legal Framework ◽  
The Arctic ◽  
Arctic Zone ◽  
Municipal Ownership ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Far Eastern

The article analyzes the regulatory and legal framework for the implementation of the program providing citizens with land plots from the state or municipal ownership and located in the territories of the subjects of the Russian Federation, as well as in the Far Eastern Federal District, or included in the program "Socio-economic development of the Arctic zone of the Russian Federation".

Russia’s Budget for the Triennium 2021–2023: Main Goals and Problems

Auditor ◽  
2021 ◽  
Vol 7 (1) ◽  
pp. 3-10
Author(s):  
I. Smirnov
Keyword(s):  
Economic Development ◽  
Federal Budget ◽  
World Market ◽  
Planning Period ◽  
The World ◽  
Socio Economic Development ◽  
The Face

Adopting the federal budget for 2021 and for the planning period of 2022 and 2023, the Russian Parliament was guided, fi rst of all, by the goal of ensuring stable socio-economic development of the country in the face of emerging negative problems in the world market.

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