STATE SUPPORT AS A MECHANISM FOR MANAGING THE SOCIO-ECONOMIC PROCESSES OF AN ORGANIZATION USING GOVERNMENT PROGRAMS

UDC 336.61
DOI: 10.36871/ek.up.p.r.2023.11.03.007

Authors

Yulia V. Ragulina,
Russian Peoples’ Friendship University named after Patrice Lumumba, Moscow, Russia
Sergey V. Chemezov,
Vladimir V. Artyakov,
Nikolai I. Turko,
State Corporation “Rostec” Moscow, Russia

Abstract

In this article, the authors explore the issue and problems of state support for enterprises and its impact on the economic system. The authors analyze various methods of government intervention, such as financial assistance, soft loans and direct subsidies, and their distribution between financially distressed enterprises and industry leaders. We highlight the complex direct and indirect effects of such assistance, including its impact on a state’s economic and industrial productivity. In addition, the authors consider examples of the experience of various countries, both with transition and developed economies, and analyze the results of their support policies.

Keywords

government support, economy, enterprises, efficiency, industrial policy, efficiency assessment, imbalances.