THE FINANCIAL SPHERE TRANSFORMATION OF THE RUSSIAN FEDERATION’S REGIONS IN THE CONDITIONS OF INCREASING EXTERNAL THREATS
In recent years, threats to the socio-economic development of both the Russian Federation as a whole and individual regions have been growing to a significant extent. This is primarily reflected in the financial sector, since the policy of sanctions against Russia is primarily based on blocking the...
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| Formato: | article |
| Lenguaje: | EN RU |
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Science and Innovation Center Publishing House
2020
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| Acceso en línea: | https://doaj.org/article/f82dbfe2db3e4b46a9a19f4e5eaf3f97 |
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| Sumario: | In recent years, threats to the socio-economic development of both the Russian Federation as a whole and individual regions have been growing to a significant extent. This is primarily reflected in the financial sector, since the policy of sanctions against Russia is primarily based on blocking the possibilities of using various financial instruments abroad. A further increase in threats can lead to various forms of emergencies in the economy and financial sphere. At the same time, the question of the influence of special regimes on the financial sphere of individual regions, which can be heterogeneous depending on the capabilities of the territories, remains poorly understood.
The purpose of research – to determine the possible consequences of the financial sector in some regions due to the increase of external threats and the introduction of special modes of management.
Research methods: methods of analysis and historical analogies are used in the work, general scientific methods of comparisons and analogies are applied.
Results: Based on the generalization of foreign and Russian experience in introducing economic sanctions against individual countries, the most probable types of sanctions regimes against Russia in the financial and economic sphere have been identified. The author also identified a likely scenario of changes in the financial sector in the event of the introduction of special economic regimes in the Russian Federation, as well as a possible impact on certain regions of the Russian Federation. The parameters of financial constraints and the main characteristics of the functioning of the monetary system in these periods of time are highlighted, the basic conditions for changes in the socio-economic sphere of the regions of the Russian Federation are determined.
Scope of the results: the results obtained can be used in the public authorities, taking into account the consequences of sanctions and extraordinary modes in regional binding. |
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