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ИД «Финансы и кредит»






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


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


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


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