Madatova O.V.Academy of Marketing and Socially-Information Technologies - IMSIT, Krasnodar, Russian Federation mokb@bk.ru
Kas'yanova S.A.Krasnodar Branch of Plekhanov Russian University of Economics, Krasnodar, Russian Federation kassamer@mail.ru
Importance In anticipation of new economic sanctions of the European Union and the United States, and subject to introduced restrictions on purchasing agricultural products from foreign manufacturers, the problem of providing the country's population with food stuff is particularly relevant. Objectives The aim of this work is to consider possible proactive measures aimed at ensuring economic security of the Russian Federation while solving the food problem in conditions of economic sanctions of unfriendly foreign countries. Methods In the work, we used econometric methods to study the issue of State involvement in assistance to agricultural producers to solve the said food problem. Results We developed a mechanism of granting public credit guarantees to small agricultural producers. Conclusions and Relevance We conclude that the development of the State system of credit guarantees to small businesses will not only reduce tension in the solution of the food problem during the period of economic sanctions on the part of the US and the EU countries, but also will qualitatively increase the economic security of Russia. In addition, this will contribute to small and medium enterprise development, and thus increase the tax base when assessing taxes and charges. It is possible to solve a set of problems through transition of the government financial policy from direct financing of State-funded programs for small and medium-size business development to the practice of granting properly secured guarantees in respect of fulfillment of obligations of financial structures implementing these programs. It is particularly important to develop a system of credit guarantees in the territory of the Krasnodar region, where agribusiness is one of the main segments of the real sector.
Keywords: loan, credit guarantee, small business, international, economic sanction
References:
Belukhin V.V. Institutsional'no-finansovaya sostavlyayushchaya modernizatsii rossiiskoi infrastruktury [An institutional-and-financial component of Russian infrastructure modernization]. Ekonomika ustoichivogo razvitiya = Economics of Sustainable Development, 2012, no. 11, pp. 40–44.
Bulatov A.N. Kreditovanie sub"ektov MSB, poluchayushchikh podderzhku v ramkakh gosprogramm [Lending to SME receiving support under State programs]. Bankovskoe delo = Banking, 2014, no. 6, pp. 64–67.
Zakharchenko S.A. Sovershenstvovanie ekonomicheskogo mekhanizma kreditovaniya predprinimatel'stva [Improving economic mechanism of private enterprise lending]. Available at: Link. (In Russ.)
Ziyadin S.T. Nekotorye problemy razvitiya malogo predprinimatel'stva v Kazakhstane [Some problems of small entrepreneurship development in Kazakhstan]. Den'gi i kredit = Money and credit, 2014, no. 6, pp. 72–74.
Import otdel'nykh tovarov [Imports of certain goods]. Available at: Link free_doc/new_site/vnesh-t/imp-to.htm. (In Russ.)
Kardail'skaya T.G. [A mechanism of bank lending to enterprises of agro-industrial complex of the region]. Materialy mezhdunarodnoi otraslevoi nauchnoi konferentsii, posvyashch. 80-letiyu osnovaniya Astrakhanskogo gos. tekhn. un-ta [Proc. Int. Sci. Industry-specific Conf. dedicated to 80th anniversary of the Astrakhan State Technical University]. Astrakhan, Astrakhan State Technical University Publ., 2010, vol. 2, p. 228.
Kashkin V.V. Bankovskie garantii: monitoring rynka [Bank guarantees: market monitoring]. Bankovskoe delo = Banking, 2014, no. 6, pp. 44–46.
Kashkin V.V. Rezul'taty issledovaniya uslovii bankovskikh kreditov, garantii i overdrafta dlya malogo i srednego predprinimatel'stva [Research results of bank loans, guarantees and overdrafts for small and medium enterprises]. Den'gi i kredit = Money and credit, 2013, no. 12, pp. 71–75.
Litovkin Yu.I. Sistemnaya podderzhka eksporta Rossiiskoi Federatsii [System support to the exports of the Russian Federation]. Den'gi i kredit = Money and credit, 2014, no. 6, pp. 36–38.
RF Federal Law “On Safety” of December 28, 2010 ¹ 390-FZ. (In Russ.)
RF Federal Law “On Amendments to the legislative acts of the Russian Federation and invalidation of certain legal acts of the Russian Federation in connection with adoption of the Federal Law “On Amendments and addenda to the Federal Law “On General principles of organization of legislative (representative) and executive bodies of State power of the constituent entities of the Russian Federation” and “On General principles of organization of local self-government in the Russian Federation” of August 22, 2004 ¹ 122-FZ. (In Russ.)
RF Federal Law “On State support to small business in the Russian Federation” of June 04, 1995 ¹ 88-FZ. (In Russ.)
RF Government order “On Measures aimed at implementing the edict of the President of Russia of August 06, 2014 ¹ 560 “On Application of special economic measures to ensure security of the Russian Federation” of August 7, 2014 ¹ 778. (In Russ.)
Decree of the President of the Russian Federation “On Application of special economic measures to ensure security of the Russian Federation” of August 06, 2014 ¹ 560. (In Russ.)
RF Federal Law “On Special economic measures” of December 30, 2006 ¹ 281-FZ. (In Russ.)
Perskaya V. Rossiya vo Vsemirnoi torgovoi organizatsii: sel'skoe khozyaistvo [Russia in the World Trade Organization: agriculture]. Ekonomicheskie strategii = Economic strategies, 2012, no. 5, pp. 50–56.
Perskaya V.V., Ogryzov A.A. O sel'skom khozyaistve Rossii v usloviyakh chlenstva v VTO i potentsiale kreditnoi politiki [On Russian agriculture in conditions of the WTO membership and the potential of credit policy]. Den'gi i kredit = Money and credit, 2014, no. 1, pp. 47–50.
Prodovol'stvennaya problema [Food challenge]. Available at: Link. (In Russ.)
Rol' gosudarstva v razvitii garantiinykh mekhanizmov v podderzhke malogo predprinimatel'stva [The role of the State in developing guarantee mechanisms to support small businesses]. Available at: Link /business/article/article_1281.html?effort=#II_A. (In Russ.)
Safaryan V.R. Faktoring kak istochnik finansirovaniya malykh predpriyatii [Factoring as a source of small business financing]. Den'gi i kredit = Money and credit, 2013, no. 2, pp. 71–73.
Stepashin M.O. Evropeiskii rynok faktoringa: novye orientiry [European market of factoring: new objectives]. Available at: Link. (In Russ.)
Shlyakhovoi A.Z. Problemy realizatsii regional'noi investitsionnoi politiki [Challenges of regional investment policy implementation]. Available at: Link spatial-econimics/4_2009/shlyahovoy2009.pdf. (In Russ.)
