CONTENTS
ECONOMIC POLICY
Sokolov Ye. V. Breakthrough technologies for financing health care, pensions and the Russian economy
Mokhov A. A. Medical savings accounts: legal view
Bektenova D. Ch. Theoretical foundations of the formation of a market financial system in the Kyrgyz Republic
Zanin V. P. Protection of the fundamental vital interests of the population of Russia by changing monetary policy
Zanin V.P. On options for increasing the role of democracy in the healthcare system of Russia
PROBLEMS OF MANAGEMENT
Shurkalin A.K., Glushchenko E.I. Palladium on the precious metals market
Ostanin V. A. Investment policy of China and Russia in the territories of accelerated development: a comparative analysis
Filkevich I. A., Rakhmatulina G. G. New strategic approaches to the development of economic partnership within the framework of the Eurasian Economic Union: problems of competitiveness
Avramchikova N.T., Rozhnov I.P., Mongush S.P., Zakharova L.N. The conceptual basis of the spatial socio-economic development of the interacting regions (by the example of the regions of Siberian Federal District)
Zozulya V.V., Al Hajj K.A., Maan S.V. Financial technologies in the fourth industrial revolution
Bobyleva A. Z. The role of the institution of bankruptcy in ensuring the sustainability of the Russian economy
Zozulya V.V., Yunda P.N. Investment activity of Russia and China in modern conditions: prospects for its development
INVESTMENT, FINANCIAL AND MANAGEMENT ANALYSIS
Kostyrin E.V., Ambrosenkova A.S., Glushchenko E.I., Kraeva A. A. Economic-mathematical models of factor analysis of the value of the medical business
Filkevich I. A. Assessment of the influence of actual and potential mutual effects from shocks and changes in the EAEU policy
Medvedev S. O. Development of cluster structures in the forest industry: organizational, economic and resource aspects
Danilov D. D. Optimization of the financial situation of the parishes of the Russian Orthodox Church located in the Russian Federation
Izmailov R. N. The model for calculating wages depending on the result of work and the cost of the workplace
Zhuravleva I. A., Levoshich N. V. The conceptual views of Marx and the philosophical foundations for improving the tax system
Badalova A. G., Larionov V. G. Methods for assessing and analyzing risks of non-financial organizations
Romanchenko O. V., Leonova E. M., Tolkunova E. V. Development of the mortgage market and mortgage-backed securities under conditions of economic instability
Selyukov V.K., Goryunova I. S. Investigation of the possibility of improving the risk management system in a diamond mining company by applying digitalization technologies
Bondarenko T. G. P2P-Lending as a financial technology of the future
Pilyugina A.V., Lasunova S.V. Responsible investment: approaches to accounting for ESG factors
Ivakova Z. A. The practice of stimulating foreign investment
Vasyutkina L. V., Protopopov D. V. Management model of paid services in clinics
BREAKTHROUGH TECHNOLOGIES FOR FINANCING HEALTH, PENSION SUPPORT AND ECONOMY OF RUSSIA
author
E. V. SOKOLOV,
abstract
The article shows that the existing system of financing health care and pension provision forces working citizens and employers to go into the “shadow”, and with this trend, financing of health care and pension provision will decrease. A mechanism is proposed that allows motivating working citizens to work efficiently and take care of their health, significantly reduce federal and territorial budget expenditures on healthcare and pensions, and accumulate huge long-term financial resources for the growth of the Russian economy and improve the living standards of its citizens.
keywords
labor productivity, health financing, medical funded accounts (MHC), pension.
MEDICAL ACCOUNT ACCOUNTS: LEGAL VIEW
author
A. A. MOKHOV
abstract
The article considers the current legal field from the perspective of the possibility of introducing one of the promising technologies for financial support of the healthcare industry in the country. The conclusion is drawn that there are no serious obstacles to the transition of healthcare to a new model of financing through medical savings accounts. A new technology for financing the industry will require some changes in domestic federal legislation.
keywords
healthcare models, healthcare financing, medical savings accounts, current legislation on the protection of public health, healthcare financing, and the provision of medical services.
THEORETICAL FOUNDATIONS FORMING A MARKET FINANCIAL SYSTEM IN THE KYRGYZ REPUBLIC
author
D. Ch. BECTENOVA
abstract
Based on the analysis of theoretical concepts of various authors and scientific schools, the vector of further development of the financial system in Kyrgyzstan is formulated and substantiated. The views of Russian and foreign economists on the composition and structure of the financial system are analyzed, an author’s interpretation of the studied definition is proposed taking into account the development of modern economic paradigms in the republic. The structure of the financial system proposed by the author will complement the theoretical foundations of its construction and increase the efficiency of all financial institutions in the country.
keywords
savings, investment, financial intermediation, macro finance, microfinance, financial system.
PROTECTION OF FUNDAMENTAL LIFE INTERESTS OF THE POPULATION OF RUSSIA BY CHANGING CURRENCY POLICY
author
V.P. ZANIN
abstract
The article shows that the practice of distorting the real exchange rate of the Russian currency has begun to bring deadly damage to the economy and all social relations and must be adjusted as a matter of priority. It is necessary to calculate the Russian currency according to purchasing power parities, and not according to the rules of the Central Bank of Russia erroneous from the point of view of world rules.
keywords
inflation canopy, real exchange rates, monetary policy, investment projects, exporters.
ABOUT OPTIONS FOR INCREASING THE ROLE OF NATIONAL AUTHORITY IN THE HEALTH SYSTEM OF RUSSIA
author
V.P. ZANIN
abstract
The article shows what should be forbidden to officials of all ranks to ever and anywhere talk about the availability of free medicine in Russia and informed the people. There was no free medicine, there is and never will be, since the whole system is financed from contributions of the working population in various ways, including little-known ones. The largest contribution and the most famous one is deductions of 5,1% of the salary of each employee for the so-called compulsory health insurance (although this is not related to the generally accepted concept of “insurance”). This is the financial basis of publicly available (state) medicine for 100% of the population of Russia. Slightly less transfers to the compulsory medical insurance fund from budgets of all levels for the disabled part of the population (children, pensioners, etc.). And almost all of the attention of society is concentrated on this segment, including all the shortcomings are discussed.
keywords
democracy, insurance policy, available funds, medical passports, state medicine.
PALLADIUM ON THE PRECIOUS METAL MARKET
author
A.K. ShURKALIN, E.I. GLUSCHENKO
abstract
Features of the functioning of the precious metals market as a segment of the financial market are highlighted. The basic conditions that determine the dynamics of palladium prices are shown. The factors that make palladium an investment attractive asset are disclosed. The authors highlight palladium as the most precious metal growing in price, noting its growing role as an important material for the development of the automotive industry and as a financial asset.
keywords
palladium, gold, precious metals market, platinum, market demand, market supply, financial asset, world price.
CHINA AND RUSSIA'S INVESTMENT POLICY IN THE TERRITORIES OF ACCELERATED DEVELOPMENT: A COMPARATIVE ANALYSIS
author
V. A. OSTANIN
abstract
The article provides a comparative analysis of investment policies that are implemented in the territories of accelerated economic development of modern China and Russia. Based on statistical and empirical data, it is concluded that the tax burden on business in China is not only more sparing, but also more differentiated than in Russia. A particular problem in economic and social development is the taxation system in these territories, as well as those tax benefits and preferences that were originally designed to reduce the tax burden. It is concluded that the value added tax is more depressing for the business than the tax system focused on taxation of final income and consumption taxes, including luxury taxes. A comparison of the tax and customs regimes in the territories of priority development in the Far East gives reason to conclude that these measures will not lead to the indicated positive effects. The experience of the development of the territories of the Far East, Siberia and Transbaikalia in the pre-war period provides grounds for resuscitation of the probation institute and its application in Russia in the territories of advanced development.
keywords
investment policy, tax regimes, tax preferences, accelerated economic development zones, special economic zones, tax burden, tax incentives, economic efficiency, economic growth, probation institution.
NEW STRATEGIC APPROACHES TO THE DEVELOPMENT OF ECONOMIC PARTNERSHIP WITHIN THE FRAMEWORK OF THE EURASIAN ECONOMIC UNION: PROBLEMS OF COMPETITIVENESS
author
I.A. FIL'KEVICH, G. G. RAKHMATULIN
abstract
The article analyzes the features of the development of the Eurasian Economic Integration Project and the strategy for the formation of new forms of economic partnership. A fundamentally new integration paradigm of the Eurasian Union is being studied. It was revealed that over the past five years the architecture of the Eurasian project, including its institutions, has been determined. The key factors of economic cooperation that contribute to the creation of conditions for the stable development of the economies of the member states of the association are identified.
keywords
integration, process, modernization, cooperation, economic, cooperation, competitiveness.
THE CONCEPTUAL BASIS OF SPATIAL SOCIO-ECONOMIC DEVELOPMENT OF INTERACTIONING REGIONS (ON THE EXAMPLE OF REGIONS OF THE SIBERIAN FEDERAL DISTRICT)
author
N.T. AVRAMCHIKOVA, I.P. ROZHNOV, S.P. MONGUSH, L.N. ZAKHAROVA
abstract
A market economy generates competitive relations between economic agents, however, the differentiation in the level of economic development of Russian regions is becoming increasingly significant, therefore, due to changes in the country's economic system, adequate approaches to eliminating imbalances between regions - subjects of the federation at the country level in whole. A modern tool for leveling the level of socio-economic development of regions and their progressive effective development is the establishment of economic relationships and the implementation of coordinated actions of the subjects of the Federation to realize the spatial development potential. The article discusses the theoretical categories and concepts of “economic interaction of regions” and “spatial development”.
keywords
spatial development, socio-economic development, interaction, factors, differentiation, region, concept.
FINANCIAL TECHNOLOGIES IN THE FOURTH INDUSTRIAL REVOLUTION
author
V.V. ZOZULYA, K. A. AL HADJ, S.V. MAAN
abstract
The article discusses some issues of the development of the digital economy in Russia, its connection with Industry 4.0 through financial technologies. The work analyzes the negative factors for the development of fintech, and also suggests a number of areas of regulatory, legal, economic and organizational order, allowing to solve problematic issues.
keywords
fintech, financial technology, Industry 4.0, digital economy, fourth industrial revolution.
ROLE OF THE BANKRUPTCY INSTITUTE IN ENSURING THE SUSTAINABILITY OF THE RUSSIAN ECONOMY
author
A.Z. BOBYLEVA
abstract
The article substantiates the high role of the institution of bankruptcy in increasing the stability of the Russian economy. Based on statistics on the share of unprofitable companies, the high proportion of overdue debt reveals threats associated with the financial and economic instability of enterprises. The author shows that the novelties of the formation of the bankruptcy institution in recent years have yielded certain results, however, the unresolved problems - the low effectiveness of the procedures, the lack of unequivocal recommendations for identifying objective signs of bankruptcy, the lack of a full-fledged bankruptcy prevention mechanism - do not allow the bankruptcy institution to be fully used to ensure stability Russian economy.
keywords
institute of bankruptcy, insolvency of enterprises, prevention of bankruptcy, financial and economic instability of enterprises, objective bankruptcy, financial analysis in bankruptcy procedures.
INVESTMENT ACTIVITY OF RUSSIA AND CHINA IN MODERN CONDITIONS: PROSPECTS FOR ITS DEVELOPMENT
author
V.V. ZOZULYA, P.N.
abstract
Modern society, politics and economics are dynamically transformed under the influence of globalization and regional integration, which is why international authors form a multidimensional flexible policy in relations with their neighbors. In the last decade, the views of world powers have been riveted to the Asia-Pacific Region (APR). For Russia, the central object of interest in the Asia-Pacific region is China, which, despite the slowdown in economic growth, can act as a driver for the revitalization of the Russian economy, characterized in recent years by exceptional fragility and instability. The paper highlights the main problems and prospects for the development of international investment in the context of comparing the national economies of Russia and China. The authors conducted an analysis of the foreign economic activity of the states under consideration, identified the specifics of the structure of the economies of Russia and China, formulated conclusions and suggestions on the issues under study.
keywords
investment activity, investment, investment policy, economic development, investment inflow, investment climate, Russian-Chinese cooperation.
ECONOMIC AND MATHEMATICAL MODELS OF FACTOR ANALYSIS OF THE COST OF MEDICAL BUSINESS
author
E.V. KOSTYRIN, A.S. AMBROSENKOVA, E.I. GLUSHCHENKO, A.A. KRAEVA
abstract
This article discusses the main approaches to assessing the value of a business: profitable, costly and comparative. Economic and mathematical models of factor analysis of the value of the medical business have been developed. Using the example of a dental clinic in Moscow, forecasting the results of its activities is made. To estimate the cost of a medical institution, the cash flow discount method and the Gordon model were used as part of the income approach, the asset book value method was used as part of the cost approach, and the market price was determined on the basis of the analogue price adjustment method as part of the comparative approach. By coordinating the costs of the dental clinic obtained in different ways, its market price is calculated. A factor analysis of the cost of a dental clinic in Moscow was performed using the developed economic and mathematical models, the influence of the following factors on the cost estimate was determined: “Revenues from the provision of annual services”, “Share of deductions for the purchase of new medical equipment” and “Number of employees”, calculated elasticity coefficients for assessing the value of the medical business based on these factors. Conclusions are drawn on the degree of influence of each factor. A summary table of the practical results of factor analysis was built and the relative increase in the total cost of the dental clinic was determined.
keywords
income approach, cost approach, comparative approach, Gordon model, cash flow discounting method, asset book value method, peer price adjustment method, economic and mathematical model.
EVALUATION OF THE INFLUENCE OF ACTUAL AND POTENTIAL MUTUAL EFFECTS FROM SHOCKS AND CHANGES IN THE EAEU POLICY
author
I. A. FILKEVICH
abstract
The article analyzes the mechanisms for implementing the provisions of the Treaty on the EAEU related to the coordination of macroeconomic policies of the EAEU member states. At the same time, mechanisms are identified for enhancing coordination of macroeconomic policies in general and at the level of its individual elements in order to increase stability and competitiveness of the economic systems of the EAEU member states. Multilateral mechanisms are being developed for monitoring and evaluating the economic policy of the EAEU member states and developing recommendations, methodological support for these procedures, as well as developing tools for their implementation.
keywords
forecast, transmission, macroeconomic imbalance, EAEU.
DEVELOPMENT OF CLUSTER STRUCTURES IN FORESTRY: ORGANIZATIONAL-ECONOMIC AND RESOURCE ASPECTS
author
S. O. MEDVEDEV
abstract
The article highlights theoretical approaches to the development of cluster structures in the forest industry. The important role of organizational and economic transformations in this area is noted in order to increase the influence of the forest complex on the country's economy. Key problems and growth points for timber enterprises are highlighted. One of the iconic development prospects is cluster structures. The article shows the forestry clusters created at the moment in the country. Despite a certain history of their development, management practices show significant problems and difficulties in the functioning and achievement of the effectiveness of foreign analogues. One of the important tools in the development of these structures is the provision of resources. The article presents the key resources necessary for the successful development of clusters in the forest industry.
keywords
forest industry cluster, efficiency, resources, organizational and economic mechanism, infrastructure, personnel, wood resources.
OPTIMIZATION OF THE FINANCIAL POSITION OF THE ARCHIVES OF THE RUSSIAN ORTHODOX CHURCH, LOCATED IN THE TERRITORY OF THE RUSSIAN FEDERATION
author
D. D. DANILOV
abstract
The article presents a comparative analysis of the sources of financing of religious organizations in Russia and abroad. The features of the current financial situation of the parishes of the Russian Orthodox Church in Russia are reflected. The emphasis is placed on the peculiarities of attracting donations for the implementation of the statutory activities of the Orthodox parish. The ways of optimizing the financial situation on the basis of marketing, psychology, missionary practice are proposed. It is shown on the basis of the mathematical model that there are several ways to increase the efficiency of raising funds to finance various types of parish work.
keywords
orthodox parish, financing of religious organizations, temple budget, donations, charity, missionary work, mathematical modeling.
MODEL OF CALCULATION OF EARNED Wages, DEPENDING ON THE RESULTS OF WORK AND COST OF THE WORKPLACE
author
R. N. Izmailov
abstract
The article proposes a new model for calculating wages depending on the result of the employee’s labor and the cost of the workplace. This model allows you to link the contribution to the overall result of both the employee and the employer, as well as to achieve a more equitable distribution of the proceeds from the implementation of the work and services. A simulation was performed showing the distribution of the margin earned by the bond “employee + workplace” between the employee and the employer. The mutual benefit in achieving high labor results and the possibility of a fair distribution of the earned margin between wages, employer profits and investment in improving the workplace are clearly shown.
keywords
employee, employer, workplace, margin distribution, profit, wages, economic models.
CONCEPTUAL VIEWS OF MARX AND THE PHILOSOPHICAL BASES OF IMPROVEMENT OF THE TAX SYSTEM
author
I.A. ZHURAVLEVA, N.V. LEVOSHICH
abstract
The article considers the problems of the influence of the modern tax system on the development of the economy. The author suggests exploring the possibility of the evolutionary process of developing the tax system based on the periodic system of special laws of taxonomy, based on philosophical principles. The author's model of explication of laws gives an expanded understanding of the essence of the problem under study, relying on the classical views of K. Marx in the field of taxation of industrial relations.
keywords
tax system, tax, industrial relations, taxonomy, economic system.
METHODS FOR ASSESSING AND ANALYSIS OF RISKS OF NON-FINANCIAL ORGANIZATIONS
author
A. G. Badalova, V. G. Larionov
abstract
The article systematically presents the tools for solving the basic tasks of modern risk management - risk assessment and analysis of non-financial organizations. The main provisions of the methods of risk assessment and analysis are disclosed. In relation to the methods of risk assessment and analysis, the advantages and disadvantages of each method are determined, as well as recommendations for their appropriate application. Recommendations on the use of risk assessment tools of non-financial organizations are focused on the parameters / indicators of assessment and types of risks. As types of risks, private (separate) types of risks and integral (groups) types of risks are considered. The features of using the recognition method by pattern (image), as well as the replacement method in assessing and analyzing risks, are described.
keywords
risks, assessment methods, analysis methods, non-financial organizations.
DEVELOPMENT OF THE MORTGAGE LOAN MARKET AND MORTGAGE SECURITIES UNDER ECONOMIC INSTABILITY
author
O. V. ROMANCHENKO, E. M. LEONOVA, E. V. TOLKUNOVA
abstract
The article reveals questions about the use of mortgage-backed securities in Russian conditions, as one of the financial instruments that allows you to remove mortgage loans from the bank’s balance sheet and minimize the credit risks inherent in housing finance, as well as improve housing affordability and increase the flow of funds for the housing sector. The advantage of mortgage-backed securities is that they are secured by real estate, which always has supply and demand in the market, which means that it is always in price. From this it follows that the dynamics of growth in real estate prices ensures the profitability of this financial instrument. =.
keywords
housing lending, interest rates, mortgage-backed securities.
RESEARCH OF THE POSSIBILITY OF IMPROVING A RISK MANAGEMENT SYSTEM IN A DIAMOND PRODUCING COMPANY BY APPLYING DIGITALIZATION TECHNOLOGIES
author
V.K.SELYUKOV, I.S. GORYUNOVA
abstract
The article summarizes the results of studies conducted by the authors to improve the effectiveness of the risk management system of a diamond mining company through the use of digitalization technologies on the example of PJSC ALROSA. The possibilities of using blockchain technologies with the D1 Coin cryptocurrency, artificial intelligence, the Internet of things, big data processing to manage the reputation, geopolitical, operational and technological risks of the company under study are considered. It is shown that digitalization technologies are able to give new positive qualities to the existing risk management system in PJSC ALROSA and increase the efficiency of this organization.
keywords
blockchain, cryptocurrency, tokens, smart contracts, oracles, artificial intelligence, the Internet of things.
P2P LOANING AS A FINANCIAL FUTURE TECHNOLOGY
author
T. G. BONDARENKO
abstract
The article presents the mechanism of peer-to-peer lending, the digital characteristics that determine its development in the world, considers the advantages of developing P2P lending simultaneously for potential lenders (mainly small businesses) and investors, analyzes the potential benefits, unresolved risks and possibilities of using this mechanism as a future technology in financing system.
keywords
peer-to-peer lending, scoring, underwriting, P2P platform, automated algorithm.
RESPONSIBLE INVESTMENT: APPROACHES TO ACCOUNTING ESG FACTORS
author
A.V. PILYUGINA, S.V. LASUNOVA
abstract
The article discusses the issues of responsible investment in the context of taking into account ESG-factors (environmental factors, social factors and management factors). The analysis of the decision-making process in the context of risk management and a sustainable and long-term return on investment is carried out. The features of integration of ESG-factors into the investment process at various stages are shown. The analysis of international experience in this area is presented. The control loops for integrating information on ESG factors into the investment analysis process are analyzed, a list of necessary tools and application features are presented. The approaches to building the ecosystem for the implementation of ESG standards are substantiated.
keywords
responsible investment, ESG factor, principle, sustainable development, investment process.
PRACTICE FOR STIMULATING FOREIGN INVESTMENTS
author
Z. A. IVAKOVA
abstract
The article is devoted to the international experience and practice of Kyrgyzstan in stimulating the attraction of foreign investment.
keywords
foreign, investment, tax credit, investment, discount, subsidy, free economic zone, stimulation.
POLYCLINIC PAID SERVICES MANAGEMENT MODEL
author
L.V. VASYUTKINA, D.V. PROTOPOPOV
abstract
The article presents an economic and mathematical model that matches the growth in the volume of medical services with an increase in income, a decrease in cost and tariffs, and an increase in financial results. When modeling with the aim of interest in increasing the volume of medical services rendered, a progressive system of doctors' remuneration, a system of incentives for non-medical personnel of the clinic and a system of accumulating funds allocated for development are used.
keywords
working citizens, clinic, medical personnel, medical services, material and moral stimulation of labor, financial result, budgets, financial system, economic models.
