THEORY AND PRACTICE OF RUSSIAN PUBLIC DEBT MANAGEMENT

The article considers the approaches to public debt management in Russia, describes the time requirements for the use of various tools. The paper evaluates the dynamics of changes in public debt and its transformation, which consists in the transition from external to internal borrowing. The author denotes problems in the field of underfunding of budget expenditures in connection with the coronavirus pandemic. The study considers all known theories of public debt management and presents the mechanism of their implementation and their impact on the state of public finances. The author makes a summary of the necessary approaches and solutions in the field of borrowing and debt servicing. The paper also presents the direction of changes in the legislation in the field of setting service limits and the total amount of borrowing

THE ROLE OF GOVERNMENT EXTERNAL DEBT IN THE FORMATION OF THE FEDERAL BUDGET

The article considers the role of the public external debt of the budget of the Russian Federation. Also attention is paid to the influence of the level of public debt on the financial position of the country. Substantiated proposals to increase the external public debt management in the Russian Federation, resulting in proposed variant of increase of efficiency of public debt management Russia, optimization of the structure and minimize the consequences of its growth

THE ROLE OF GOVERNMENT EXTERNAL DEBT IN THE FORMATION OF THE FEDERAL BUDGET

The article considers the role of the public external debt of the budget of the Russian Federation. Also attention is paid to the influence of the level of public debt on the financial position of the country. Substantiated proposals to increase the external public debt management in the Russian Federation, resulting in proposed variant of increase of efficiency of public debt management Russia, optimization of the structure and minimize the consequences of its growth

EVALUATION OF THE ACTIVITIES OF NON-CREDIT FINANCIAL INSTITUTIONS IN THE MONETARY CIRCULATION OF RUSSIA

The problematic issues, associated with the functioning of non-credit financial institutions, have been considered. Particular attention has been paid to their activities, in terms of money circulation to organizations-operators of payment systems, in terms of credit to microfinance organizations. Presently, issues of evaluating the activities of non-credit financial institutions are the least developed in the scientific and methodological аspects. Based on the role and importance for monetary and credit circulation in the Russian Federation, ensuring the continuity of payments within the Russian economy and beyond, an approach to the currently unsolved problem as the definition of criteria for the effectiveness of these economic agents has been offered. According to the results of the study, directions have been proposed for improving the assessment of the activities of non-credit financial organizations

JUSTIFICATION OF THE NEED FOR A UNIFIED APPROACH TO THE MANAGEMENT OF THE PUBLIC EXTERNAL DEBT OF THE PARTICIPATING COUNTRIES OF THE EURASIAN ECONOMIC UNION

In article it is told about the Eurasian Economic Union, stages of his formation and features of his budget, the question of the main macroeconomic indicators of the countries-participants of the Union, and also a question of dynamics and structure of their public debt

JUSTIFICATION OF THE NEED FOR A UNIFIED APPROACH TO THE MANAGEMENT OF THE PUBLIC EXTERNAL DEBT OF THE PARTICIPATING COUNTRIES OF THE EURASIAN ECONOMIC UNION

In article it is told about the Eurasian Economic Union, stages of his formation and features of his budget, the question of the main macroeconomic indicators of the countries-participants of the Union, and also a question of dynamics and structure of their public debt

JUSTIFICATION OF THE NEED FOR A UNIFIED APPROACH TO THE MANAGEMENT OF THE PUBLIC EXTERNAL DEBT OF THE PARTICIPATING COUNTRIES OF THE EURASIAN ECONOMIC UNION

In article it is told about the Eurasian Economic Union, stages of his formation and features of his budget, the question of the main macroeconomic indicators of the countries-participants of the Union, and also a question of dynamics and structure of their public debt

JUSTIFICATION OF THE NEED FOR A UNIFIED APPROACH TO THE MANAGEMENT OF THE PUBLIC EXTERNAL DEBT OF THE PARTICIPATING COUNTRIES OF THE EURASIAN ECONOMIC UNION

In article it is told about the Eurasian Economic Union, stages of his formation and features of his budget, the question of the main macroeconomic indicators of the countries-participants of the Union, and also a question of dynamics and structure of their public debt

Sustainable development of companies as a driver of capitalisation growth in a smart economy

Digitalisation processes have a signifcant impact on changing forms of interaction between economic entities; they also contribute to the development of the fnancial market. Thus, the study of the capitalisation of companies as one of the defning indicators of the stock market is becoming increasingly relevant, including the identifcation of factors that have a direct and indirect impact on the volatility of the indicator under consideration and their management capabilities. The purpose of this study is to identify the relationship between the sustainable development of the enterprise, as well as its components and the capitalisation of the company. The methodological basis of the study is the balanced growth model, general scientifc methods – analysis and synthesis, as well as statistical – correlation and regression analysis. The empirical base of the study includes 20 companies whose shares are traded on the stock market of the Russian Federation. The authors conducted a correlation and regression analysis and as a result revealed the relationship between the sustainable development of companies and their capitalisation

FEATURES OF PROJECT FINANCING OF REAL ESTATE IN THE DIGITAL ECONOMY AND ITS STATE REGULATION

The problematic issues related to investment processes in the real estate market, based on modern tools of project financing, have been considered. The Russian experience of taxation of investment entities in the Russian Federation, the experience of private-public partnership in the process of investing in real estate objects, have been studied, the problems of using project financing by real estate market entities in the conditions of digitalization have been identified. The directions of improvement of financial, economic, social and legal aspects of state regulation of project financing have been proposed in order to ensure a balance of interests of various economic entities, which as States, firms and households are considered. Modern models of real estate financing by the banking sector have been reviewed