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Financial Policy of Modern Russia as a Direction of Global Crisis Management

In: Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management

Author

Listed:
  • Limunat S. Orudzheva

    (M.M. Dzhambulatov Dagestan State Agrarian University)

  • Svetlana Y. Maximova

    (M.M. Dzhambulatov Dagestan State Agrarian University)

  • Zalina Z. Tsakhaeva

    (M.M. Dzhambulatov Dagestan State Agrarian University)

  • Elmira B. Murzageldieva

    (M.M. Dzhambulatov Dagestan State Agrarian University)

  • Ayna K. Salimova

    (M.M. Dzhambulatov Dagestan State Agrarian University)

Abstract

The purpose of the article is to determine perspective directions of modernization of modern Russia’s financial policy in the interests of global crisis management. The methodology includes qualitative analysis with the help of induction, deduction, systemic analysis, analysis of causal connections, and the method of correlation analysis of indicators of financial policy and crisis in Russia in 2007–2016. Information and analytical platform of the research includes materials of statistical and analytical reports from Russian and international organizations: the International Monetary Fund, the Ministry of Finance of the Russian Federation, the World Economic Forum, the World Bank, etc. The authors determine the sense of financial policy’s influence on economy of modern Russia through the prism of crisis and prove that prevention of future economic crises and overcoming of their negative consequences require modernization of modern Russia’s financial policy, for which the corresponding practical recommendations are offered.

Suggested Citation

  • Limunat S. Orudzheva & Svetlana Y. Maximova & Zalina Z. Tsakhaeva & Elmira B. Murzageldieva & Ayna K. Salimova, 2017. "Financial Policy of Modern Russia as a Direction of Global Crisis Management," Contributions to Economics, in: Elena G. Popkova (ed.), Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management, pages 575-580, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-60696-5_72
    DOI: 10.1007/978-3-319-60696-5_72
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    More about this item

    Keywords

    F63; G01; G18; H12;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • G01 - Financial Economics - - General - - - Financial Crises
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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