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National Interests: Priorities and Security
 

State defense order as a means of enrichment

Vol. 18, Iss. 6, JUNE 2022

Received: 3 March 2022

Received in revised form: 26 April 2022

Accepted: 15 May 2022

Available online: 15 June 2022

Subject Heading: ECONOMIC POLICY OF THE STATE

JEL Classification: N40, O25, O38

Pages: 1103–1119

https://doi.org/10.24891/ni.18.6.1103

Yuliya M. TOPOROVA 46th Central Research Institute of RF Ministry of Defense, Moscow, Russian Federation
toporova_08@mail.ru

ORCID id: not available

Subject. The article discusses the threat of a conflict of interests between public finance and private capital.
Objectives. I analyze the fiscal and monetary policy in relation to enterprises of the military-industrial complex.
Methods. The study employs methods of statistical and graphical analysis.
Results. The paper highlights the shortcomings of financial and monetary policy related to enterprises of the military-industrial complex that implement the State defense order. It provides the analysis of interrelation between the financial condition of enterprises operating in the military-industrial complex and the change in the key rate of the Central Bank of the Russian Federation and the loan interest rate.
Conclusions. To prevent a conflict of interests between public finances and private capital and to reduce the threat to military-economic security, enterprises of the military-industrial complex of Russia should get loans from extra-budgetary funds.

Keywords: financial and monetary policy, government order, key rate

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