Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review
Increasing the financial depth of the Russian economy : Does it stimulate investment activity? / Ivanov, Viktor V.; Lvova, Nadezhda A.; Pokrovskaia, Natalia V.; Nurmukhametov, Rim K.; Naumenkova, Svetlana V.
Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. ed. / Khalid S. Soliman. IBIMA, 2019. p. 2747-2759.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review
}
TY - GEN
T1 - Increasing the financial depth of the Russian economy
T2 - 33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019
AU - Ivanov, Viktor V.
AU - Lvova, Nadezhda A.
AU - Pokrovskaia, Natalia V.
AU - Nurmukhametov, Rim K.
AU - Naumenkova, Svetlana V.
PY - 2019/1/1
Y1 - 2019/1/1
N2 - The article is devoted to the study of financial depth, peculiarities of the manifestation of its increase in Russia and its connection with the investment activity stimulation. Increasing financial depth is viewed as a process of domination of financial capital over real sector capital and at the same time as a process of increasing power of financial capital representatives who dictate rules both for business and for the entire social economy. The objective of this study was to identify the characteristics of the financialization of the Russian economy with an emphasis on the problem of investment promotion. It was concluded that the policy of the Bank of Russia and the Ministry of Finance of the Russian Federation, which regulate the dynamics of financial depth in Russia, is very contradictory, does not meet the leading international practice and does not help stimulate the investment activity.
AB - The article is devoted to the study of financial depth, peculiarities of the manifestation of its increase in Russia and its connection with the investment activity stimulation. Increasing financial depth is viewed as a process of domination of financial capital over real sector capital and at the same time as a process of increasing power of financial capital representatives who dictate rules both for business and for the entire social economy. The objective of this study was to identify the characteristics of the financialization of the Russian economy with an emphasis on the problem of investment promotion. It was concluded that the policy of the Bank of Russia and the Ministry of Finance of the Russian Federation, which regulate the dynamics of financial depth in Russia, is very contradictory, does not meet the leading international practice and does not help stimulate the investment activity.
KW - Financial depth
KW - Financialization
KW - Investment activity
KW - Investments
KW - Russia
UR - http://www.scopus.com/inward/record.url?scp=85074077650&partnerID=8YFLogxK
UR - https://pure.spbu.ru/admin/files/43108440/33rd_IBIMA_Conference_proceedings_to_be_updated_.pdf
M3 - Conference contribution
SP - 2747
EP - 2759
BT - Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019
A2 - Soliman, Khalid S.
PB - IBIMA
Y2 - 10 April 2019 through 11 April 2019
ER -
ID: 48320555