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Special Aspects of Russian Investments

Vol. 27, Iss. 8, AUGUST 2021

Received: 19 April 2021

Received in revised form: 20 May 2021

Accepted: 3 June 2021

Available online: 30 August 2021

Subject Heading: INVESTING

JEL Classification: E20, E62, G24, G31, H54

Pages: 1748–1772

https://doi.org/10.24891/fc.27.8.1772

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. The article addresses Russian investments.
Objectives. The focus is on revealing the special aspects of Russian investments.
Methods. The study rests on the systems approach, using the method of statistical, neural network, and cluster analysis.
Results. I highlight the relevance of the analysis of characteristics of Russian investments. The paper unveils the lack of consistency between strategic and tactical investment priorities and, as a result, the encouraging of the beneficiaries of the Russian private property to actively participate in the political life of the State to use not only their own funds, but also attracted ones, i.e. long-term financial investments in shares and other forms of participation in capital, including funds from the issue of Federal loan bonds, corporate bonds and shares. The paper also defines the most effective structure of the balance of "Financial Assets Minus Liabilities" and significant financial ties of the Russian economy sectors. The specific aspects of Russian investments are related to the orientation towards the development of the banking sector by ensuring the growth of retail lending, investments in Federal loan bonds, and operations to manage short-term liquidity. Curbing the devaluation of the national currency can be ensured by attracting funds from insurers, investment funds, and non-State pension funds to purchase Federal loan bonds.
Conclusions. The basis of the Russian approach to investment is a reflection of the limits of economic development and the effectiveness of the government.

Keywords: balance, devaluation, investment, approach, financial ties

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