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Finance and Credit
 

«Finance and Credit»

ISSUE 9, SEPTEMBER 2025

 INTERNATIONAL PAYMENT MECHANISM

pp. 4-21

Tokenization of the ruble as a factor of the Russian international settlement system's transformation

Oleg B. PICHKOV / Evgenii D. MANTUROV )

 INVESTING

pp. 22-34

Identification of latent clusters of investment products based on risk factors using machine learning methods in the Russian stock market

Diana Yu. SAVON / Artem A. YULII )

 THEORY OF FINANCE

pp. 35-52

Financial inclusion in the modern-day Russian and foreign scholars' scientific research

Mariya V. SIGOVA )

pp. 53-70

Forming a heterodox paradigm in the context of challenges of the modern economy

Dinara R. ORLOVA / Alina I. ANISIMOVA )

pp. 71-84

Digital platforms: Zombification causes and attributes

Karina L. SPOLOKHOVA / Svetlana G. MAKAROVA )

pp. 85-95

Homeland economics as a new trend in the global economy

Kristina A. STRIKALO / Ekaterina D. KUZNETSOVA / Aleksei V. VASIL’EV )

pp. 96-112

Small and medium-sized enterprises of the Russian Federation: An empirical analysis of the relationship between working capital and profitability

Evgenii E. SPIRIDONOV )

 WORLD MONETARY SYSTEM

pp. 113-126

Monetary and financial cooperation of the BRICS countries: Problems and challenges

Dmitrii Yu. PISKULOV )

 BUSINESS VALUE

pp. 127-137

Factors of sustainable competitive development of the rocket-and-space industry enterprises

Dmitrii A. SHCHELOKOV )

 FISCAL SYSTEM

pp. 138-161

Experimental tax regulation: Current trends and the issues of effectiveness assessment

Lika A. D'YACHKINA )

pp. 162-173

Tourist tax in international practice

Fatima S. AGUZAROVA )

 CHALLENGES OF GLOBALIZATION

pp. 174-189

Creating advanced development areas and similar ones: International practices

Vladislav S. KASHCHEEV )

 Securities market

pp. 190-206

Analyzing the factors of excess returns in the mutual funds market: The importance of financial accessibility and investment attractiveness

Evgenii D. FIRSOV )

pp. 207-225

The impact of the derivatives market on GDP

Vladimir V. MOROZOV )

pp. 226-248

The effect of the sanctions news background tone on stock indices of digital and non-digital sectors

Anatolii G. NEDEL’KO )

 

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

Journal current issue

ISSUE 10
OCTOBER 2025

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