+7 495 989 9610, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Finance and Credit
 

Analyzing the Russian public funds flow

Vol. 27, Iss. 1, JANUARY 2021

Received: 2 November 2020

Received in revised form: 17 November 2020

Accepted: 1 December 2020

Available online: 28 January 2021

Subject Heading: Financial system

JEL Classification: E60, E62, E69, P43

Pages: 63–87

https://doi.org/10.24891/fc.27.1.63

Valerii V. SMIRNOV I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
v2v3s4@mail.ru

https://orcid.org/0000-0002-6198-3157

Subject. This article explores the issues related to public finance.
Objectives. The article aims to determine forms and possible areas of Russian public finance flows.
Methods. The study is based on the systems approach using statistical, cluster, and neural network analyses.
Results. The article actualizes the need to analyze the form of Russian public finance flow, defined by the specific causes and conditions of the monetary relations system. It describes components that determine the form of Russian public finance flow.
Conclusions and Relevance. Understanding the form of Russian public finance flow and the reasons for its change reveals the possibilities of complementary development of finance and capitalist socio-economic structure. The reflection of the reasons for the change in the form of the movement of Russian public finances indicates the potential of the financial system, reflecting the unity of economic relations and the limits of its development. The provisions of the study expand the scope of knowledge and develop the competence of public authorities to make management decisions on distribution, redistribution of the social product value and part of the national wealth necessary for the State to preserve the substance and form.

Keywords: public finance, flow of funds, cluster

References:

  1. Marx K., Engels F. Sochineniya. T. 26. Ch. III. [Works. Vol. 26. Part III]. Moscow, Gosudarstvennoe izdatel'stvo politicheskoi literatury Publ., 1962, 675 p.
  2. Lenin V.I. Polnoe sobranie sochinenii. T. 27. Avgust 1915 – iyun' 1916 [Complete works. Vol. 27. August 1915 – June 1916]. Moscow, Izdatel'stvo politicheskoi literatury Publ., 1969, 644 p.
  3. Marx K., Engels F. Sochineniya. 2-e izd. T. 20 [Works. 2nd ed. Vol. 20]. Moscow, Gosudarstvennoe izdatel'stvo politicheskoi literatury Publ., 1961, 828 p.
  4. Lenin V.I. Materializm i empiriokrititsizm. Kriticheskie zametki ob odnoi reaktsionnoi filosofii. V kn.: Polnoe sobranie sochinenii. 5-e izd. T. 18 [Materialism and Empirio-criticism. In: Complete works. 5th ed. Vol. 18]. Moscow, Gosudarstvnnoe izdatel'stvo politicheskoi literatury Publ., 1968, 526 p.
  5. Zeyneloglu I. Fiscal Policy Effectiveness and the Golden Rule of Public Finance. Central Bank Review, 2018, vol. 18, iss. 3, pp. 85–93. URL: Link
  6. Etro F. Research in Economics and Public Finance. Research in Economics, 2016, vol. 70, iss. 1, pp. 1–6. URL: Link
  7. Kamiguchi A., Tamai T. Public Investment, Public Debt, and Population Aging under the Golden Rule of Public Finance. Journal of Macroeconomics, 2019, vol. 60, pp. 110–122. URL: Link
  8. Ueshina M. The Effect of Public Debt on Growth and Welfare under the Golden Rule of Public Finance. Journal of Macroeconomics, 2018, vol. 55, pp. 1–11. URL: Link
  9. Afonso A., Jalles J.T. Sovereign Debt Composition and Time-Varying Public Finance Sustainability. The North American Journal of Economics and Finance, 2017, vol. 42, pp. 144–155. URL: Link
  10. Hickey R., Lozej M., Smyth D. Financing Government Investment and Its Implications for Public Capital: A Small Open Economy Perspective. Economic Modelling, 2020, vol. 93, pp. 620–641. URL: Link
  11. Junior A.A.B., Faria W.R., Montenegro R.L.G. et al. Research and Development, Productive Structure and Economic Effects: Assessing the Role of Public Financing in Brazil. Economic Modelling, 2020, vol. 90, pp. 235–253. URL: Link
  12. Nicolov M. Modelling European Public Finance and Support for RDI Sector. Procedia Economics and Finance, 2013, vol. 6, pp. 754–759. URL: Link00199-8
  13. Cumming D.J., Johan S.A. Chapter 17 – Public Policy Toward Entrepreneurial Finance: Spillovers and Scale-Up. In: Crowdfunding. Fundamental Cases, Facts, and Insights, 2020, pp. 385–404. URL: Link
  14. Ambrosius С. Government Reactions to Private Substitutes for Public Goods: Remittances and the Crowding-out of Public Finance. Journal of Comparative Economics, 2019, vol. 47, iss. 2, pp. 396–415. URL: Link
  15. Ciumas C., Vãidean V.-L., Karsai Z.-K. Implications of Private Sector Behavior on Public Finance Sector. Procedia Economics and Finance, 2012, vol. 3, pp. 152–157. URL: Link00134-7
  16. Bušovský L. The Impact of Public Finance on Tertiary Education. Procedia Economics and Finance, 2015, vol. 25, pp. 530‒534. URL: Link00766-2
  17. Tamai T. Public Capital, Deficit Financing, and Economic Growth in a Stochastic Economy. Journal of Macroeconomics, 2014, vol. 42, pp. 14‒26. URL: Link

View all articles of issue

 

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 27, Iss. 2
February 2021

Archive