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The Central Bank's role in economic growth

Tkachev V.N. Moscow State Institute of International Relations (University) of Ministry of Foreign Affairs of Russian Federation (MGIMO University), Moscow, Russian Federation ( tkachev_mgimo@mail.ru )

Shashkina E.O. Moscow State Institute of International Relations (University) of Ministry of Foreign Affairs of Russian Federation (MGIMO University), Moscow, Russian Federation ( jane_sha@mail.ru )

Mazurova M.A. Moscow State Institute of International Relations (University) of Ministry of Foreign Affairs of Russian Federation (MGIMO University), Moscow, Russian Federation ( mashamazurova@mail.ru )

Journal: Finance and Credit, #4, 2019

Subject The research focuses on conditions and factors for gaining high rates of economic growth in the Russian economy, selects metrics of economic development, discusses the relationship between economic growth and expansion of money supply, and the role of the central bank in spurring the economic growth.
Objectives The research makes up a list of indicators that have the fullest view of the national economic development. It also evaluates how the expansion of money supply and credit in Russia helps increase the economic growth rates.
Methods The research applies general methods of research, i.e. abstraction, induction and deduction, synthesis, classification, comparative and matching analysis.
Results We revealed and specified how the economic development level of Russia should be evaluated, and compared this with other countries. Russia was found to lag behind many countries in terms of key economic development indicators. We provide the rationale for increasing the money supply as a key factor of economic growth.
Conclusions and Relevance Russia needs to speed up in its economic development. However, this should be done through the inclusive development of economy and concurrent increase in the public well-being. Trying to curb the inflation rates as part of its tough policy, the Central Bank of Russia does not contribute to economic growth. Hence, goals and lines of the monetary policy should be revised so as to expand the credit supply.


Tax risks in the process of value added taxes

Okun A.S. Ph.D., Associate Professor, Department of Economic Analysis, Statistics and Finance, Kuban State University ( n121ha@rambler.ru )

Tkachev A.V. Auditor «Audit-Professional» ( n121ha@rambler.ru )

Okun S.A. economist «Audit-Professional» ( n121ha@rambler.ru )

Journal: National Interests: Priorities and Security, #16, 2010

This article is devoted to the problems of taxation of value added and the process of becoming at the same tax risks. The author focuses attention on the nature of tax risk and relationships that occur during the formation of value added. Perpetrated tax offenses constitute a direct threat to financial security, and simulate the structure of tax risks.


Defense sufficiency and capable army

Rassadin W.N. candidate of economical sciences, leading scientific worker IEF RAS

Khrustalev Ye.Yu. doctor of economical sciences, professor, leading scientific worker CEMI RAS ( stalev@cemi.rssi.ru )

Tkachev W.N. doctor of economical sciences, deputy head of Federal State Unitary Enterprise «Rosoboronexport»

Journal: National Interests: Priorities and Security, #15, 2009

The article shows that the defense sufficiency, especially in the area of military security in the threshold values should be based only on their own financial, material and human resources. Army requirements and other security agencies in the annual procurement of weapons, directly dependent on the quantity, which is in official use, ie, of the respective organizational structures. Hence, the need for weapons should be dealt with in conjunction with the identification of needs of the armed forces as an essential part of defense sufficiency.


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