Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises

This article examines various aspects of the interaction between the financial sphere and the real sector of the Russian economy. The authors propose a classification of the functions of the monetary and financial system, describe key issues complicating the relationships between enterprises and fin...

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Main Authors: D. B. Kuvalin, Yu. V. Zinchenko, P. A. Lavrinenko
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2025-04-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/495
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author D. B. Kuvalin
Yu. V. Zinchenko
P. A. Lavrinenko
author_facet D. B. Kuvalin
Yu. V. Zinchenko
P. A. Lavrinenko
author_sort D. B. Kuvalin
collection DOAJ
description This article examines various aspects of the interaction between the financial sphere and the real sector of the Russian economy. The authors propose a classification of the functions of the monetary and financial system, describe key issues complicating the relationships between enterprises and financial institutions in modern Russia, and analyze several examples illustrating the ambiguous impact of macro-financial policies implemented by the Bank of Russia and the Ministry of Finance of the Russian Federation on economic development processes. Additionally, the study includes an analysis of numerical data obtained from surveys of Russian real-sector enterprises conducted from 1999 to 2024. The authors note that from 1999 to 2008, Russian macro-financial policy contributed to improving relations between the real sector and the financial sphere. However, this process was later stalled.
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institution Kabale University
issn 2220-6469
2220-7872
language Russian
publishDate 2025-04-01
publisher Government of the Russian Federation, Financial University
record_format Article
series Мир новой экономики
spelling doaj-art-cc6e0edb5075490eacc90bfd6c88b5b22025-08-20T03:56:36ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722025-04-01191496210.26794/2220-6469-2025-19-1-49-62460Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian EnterprisesD. B. Kuvalin0Yu. V. Zinchenko1P. A. Lavrinenko2Institute of Economic Forecasting, Russian Academy of SciencesInstitute of Economic Forecasting, Russian Academy of SciencesInstitute of Economic Forecasting, Russian Academy of SciencesThis article examines various aspects of the interaction between the financial sphere and the real sector of the Russian economy. The authors propose a classification of the functions of the monetary and financial system, describe key issues complicating the relationships between enterprises and financial institutions in modern Russia, and analyze several examples illustrating the ambiguous impact of macro-financial policies implemented by the Bank of Russia and the Ministry of Finance of the Russian Federation on economic development processes. Additionally, the study includes an analysis of numerical data obtained from surveys of Russian real-sector enterprises conducted from 1999 to 2024. The authors note that from 1999 to 2008, Russian macro-financial policy contributed to improving relations between the real sector and the financial sphere. However, this process was later stalled.https://wne.fa.ru/jour/article/view/495financial sectorreal sectormacro-financial policyenterprise surveysenterprises and bankscredit availabilitytax burden
spellingShingle D. B. Kuvalin
Yu. V. Zinchenko
P. A. Lavrinenko
Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises
Мир новой экономики
financial sector
real sector
macro-financial policy
enterprise surveys
enterprises and banks
credit availability
tax burden
title Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises
title_full Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises
title_fullStr Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises
title_full_unstemmed Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises
title_short Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises
title_sort interrelations between the real and financial sectors of the russian economy in the assessment of russian enterprises
topic financial sector
real sector
macro-financial policy
enterprise surveys
enterprises and banks
credit availability
tax burden
url https://wne.fa.ru/jour/article/view/495
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AT yuvzinchenko interrelationsbetweentherealandfinancialsectorsoftherussianeconomyintheassessmentofrussianenterprises
AT palavrinenko interrelationsbetweentherealandfinancialsectorsoftherussianeconomyintheassessmentofrussianenterprises