INTEGRATED EXPERIMENTAL STUDY USING INFRARED THERMOGRAPHY METHOD ON BEHAVIOR OF WOOD CONSTRUCTIONAL MATERIALS IN FIRE CONDITIONS

In recent years, there has been an increase in the number of wildland-urban interface (WUI) fires. The ignition of buildings in the WUI is a serious international problem due to large-scale fires in Australia, Greece, Portugal, Russia, and USA. In Russia, where forests occupy a large territory, the WUI fires are a national problem, and the damage to the real sector of the economy is tens and hundreds of million dollars per year.

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The role of state corporations in the development of the real sector of economy

New Technologies ◽

10.47370/2072-0920-2020-15-4-126-133 ◽

2020 ◽

pp. 126-133

Author(s):

S. K. Eshugova ◽

S. K. Khamirzova

Keyword(s):

Large Scale ◽

The State ◽

Real Sector ◽

Government Programs ◽

The Real ◽

Russian Economy ◽

Development Institutions ◽

The Subject ◽

Practical Recommendations

Studying the role and place of state corporations, as well as improving their activities in the framework of stimulating the real sector of the Russian economy is a relevant issue. The subject of the research is organizational and managerial relations arising in the system of functioning of state corporations and their impact on the real sector of economy. The aim of the research is to substantiate the role of state corporations in the development of the real sector of the Russian economy and to develop practical recommendations to improve the efficiency of their functioning in modern conditions. The article reveals the essence, as well as the significant role of state corporations in the innovative modernization of the Russian economy; the necessity of using impressive organizational, financial and economic potential of state corporations in stimulating the development of competitive industries in various sectors of the real sector of the economy is substantiated. There are three main types of state corporations in the Russian economy: a) financial development institutions; their activities are aimed at financing large projects; b) industrial corporations; c) directorates for the implementation of government programs with limited periods of operation and a set of specific tasks for implementation. An analysis of the scale of activity of the state corporate sector has shown that at present state corporations control about 40% of the economy and provide more than half of the state GDP; their financing accounts for about 25% of the expenditure side of the RF budget. The article concludes that state corporations are the locomotives of growth in the real sector of economy, established by the state at the expense of the budget to carry out large-scale projects or to solve important economic and social problems.

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Hidden “holes” in the capital of banks and the supply of credit to the real sector of economy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2018-5-49-68 ◽

2018 ◽

pp. 49-68 ◽

Cited By ~ 1

Author(s):

M. E. Mamonov

Keyword(s):

Credit Risk ◽

The Other ◽

Real Sector ◽

Capital Management ◽

Loan Loss ◽

Short Term ◽

The Real ◽

Ex Post ◽

The One

Our analysis documents that the existence of hidden “holes” in the capital of not yet failed banks - while creating intertemporal pressure on the actual level of capital - leads to changing of maturity of loans supplied rather than to contracting of their volume. Long-term loans decrease, whereas short-term loans rise - and, what is most remarkably, by approximately the same amounts. Standardly, the higher the maturity of loans the higher the credit risk and, thus, the more loan loss reserves (LLP) banks are forced to create, increasing the pressure on capital. Banks that already hide “holes” in the capital, but have not yet faced with license withdrawal, must possess strong incentives to shorten the maturity of supplied loans. On the one hand, it raises the turnovers of LLP and facilitates the flexibility of capital management; on the other hand, it allows increasing the speed of shifting of attracted deposits to loans to related parties in domestic or foreign jurisdictions. This enlarges the potential size of ex post revealed “hole” in the capital and, therefore, allows us to assume that not every loan might be viewed as a good for the economy: excessive short-term and insufficient long-term loans can produce the source for future losses.

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Crisis Reactions and Their Consequences for the Real Sector of the Russian Economy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2011-1-39-50 ◽

2011 ◽

pp. 39-50

Author(s):

V. Lushin

Keyword(s):

Financial Crisis ◽

Acute Phase ◽

Dutch Disease ◽

Added Value ◽

Real Sector ◽

The Real ◽

Balanced Development ◽

Russian Economy ◽

The Government ◽

State Modernization

The author analyzes factors that led to a deeper fall in output and profitability in the real sector of the Russian economy in comparison with other segments during the acute phase of the financial crisis. It is argued that some contradictions in the government anti-recession policy, activities of the financial sector and natural monopolies lead to pumping out added value created in manufacturing and agriculture, increase symptoms of the «Dutch disease», etc. It is shown that it may threaten the balanced development of the Russian economy, and a set of measures is suggested to minimize these tendencies and create a basis for the state modernization policy.

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ICO as a Business Financing Tool: Myths and Reality

Economics taxes & law ◽

10.26794/1999-849x-2018-11-2-41-51 ◽

2018 ◽

Vol 11 (2) ◽

pp. 41-51 ◽

Cited By ~ 1

Author(s):

I. Ya. Lukasevich

Keyword(s):

Corporate Finance ◽

Digital Economy ◽

Real Sector ◽

The Real ◽

Objective Information ◽

Advantages And Disadvantages ◽

Russian Economy ◽

The Subject ◽

Business Financing ◽

Made In

The subject of the research is new tools for business financing using the initial coin offering (ICO) in the context of the development of cryptocurrencies and the blockchain technologies as their basis. The purpose of the work was to analyze the advantages and disadvantages of the ICO in comparison with traditional financial tools as well as prospects, limitations and problems of using digital financial tools. Conclusions are made in relation to possibilities, limitations and application areas of digital business financing tools, particularly in the real sector, taking into account the specifics of the Russian economy and legislation. It is shown that the main problems of using the digital financial tools are related to the economic sphere and caused by the lack of adequate approaches to evaluation of assets as well as the shortage of objective information. The problems and new tasks of corporate finance in the digital economy are defined.

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

Economics taxes & law ◽

10.26794/1999-849x-2019-12-3-86-92 ◽

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.

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