IDEAS home Printed from https://ideas.repec.org/a/rnp/teojur/tj2404.html
   My bibliography  Save this article

Digital Monetary Resources of Russia (digital ruble) as a Means of Distribution in the Financial System: Legal Aspects of Possible Application
[Правовые Аспекты Возможного Применения Цифрового Рубля]

Author

Listed:
  • Ivanujenko, Andrei (Иванюженко, Андрей)

    (Public Administration under the President of the Russian Federation)

Abstract

The article discusses the legal aspects of digital rubles being introduced into the monetary system of Russia in the near future. The author, analyzing current legislation, existing studies, foreign practice on the introduction of similar monetary units and statements of Russian practitioners in the field of public finance, comes to the conclusion that the introduction of a new type of Russian banknotes is a response to sanctions from the so-called “unfriendly states” that create certain risks for the development of the Russian financial system. The author comes to the conclusion that the digital ruble is the next step towards the development of the principles of targeting, efficiency and the purpose of budget funds. In addition, the author comes to the conclusion that the introduction of the digital ruble contributes to the solution of issues such as the effectiveness of social policy and anti-corruptionю

Suggested Citation

  • Ivanujenko, Andrei (Иванюженко, Андрей), 2024. "Digital Monetary Resources of Russia (digital ruble) as a Means of Distribution in the Financial System: Legal Aspects of Possible Application [Правовые Аспекты Возможного Применения Цифрового Рубл," Theoretical and applied law, Russian Presidential Academy of National Economy and Public Administration, issue 1, pages 1.
    • Handle: RePEc:rnp:teojur:tj2404
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/teojur/tj2404.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:teojur:tj2404. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.