Increasing the financial depth of the Russian economy: Does it stimulate investment activity?

Viktor V. Ivanov, Nadezhda A. Lvova, Natalia V. Pokrovskaia, Rim K. Nurmukhametov, Svetlana V. Naumenkova

Research output

Abstract

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.

Original languageEnglish
Title of host publicationProceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019
Subtitle of host publicationEducation Excellence and Innovation Management through Vision 2020
EditorsKhalid S. Soliman
PublisherIBIMA
Pages2747-2759
Number of pages13
ISBN (Electronic)9780999855126
Publication statusPublished - 1 Jan 2019
Event33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019 - Granada
Duration: 10 Apr 201911 Apr 2019

Publication series

NameProceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020

Conference

Conference33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019
CountrySpain
CityGranada
Period10/04/1911/04/19

Fingerprint

Finance
Russia
Investment activity
Financial depth
Russian economy
Industry
Financial capital
Domination
Real sector
Financialization
Social economy

Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation

Cite this

Ivanov, V. V., Lvova, N. A., Pokrovskaia, N. V., Nurmukhametov, R. K., & Naumenkova, S. V. (2019). Increasing the financial depth of the Russian economy: Does it stimulate investment activity? In K. S. Soliman (Ed.), Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020 (pp. 2747-2759). (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020). IBIMA.
Ivanov, Viktor V. ; Lvova, Nadezhda A. ; Pokrovskaia, Natalia V. ; Nurmukhametov, Rim K. ; Naumenkova, Svetlana V. / Increasing the financial depth of the Russian economy : Does it stimulate investment activity?. Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. editor / Khalid S. Soliman. IBIMA, 2019. pp. 2747-2759 (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020).
@inproceedings{a9af520a25004d9d8a380673c8e913df,
title = "Increasing the financial depth of the Russian economy: Does it stimulate investment activity?",
abstract = "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.",
keywords = "Financial depth, Financialization, Investment activity, Investments, Russia",
author = "Ivanov, {Viktor V.} and Lvova, {Nadezhda A.} and Pokrovskaia, {Natalia V.} and Nurmukhametov, {Rim K.} and Naumenkova, {Svetlana V.}",
year = "2019",
month = "1",
day = "1",
language = "English",
series = "Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020",
publisher = "IBIMA",
pages = "2747--2759",
editor = "Soliman, {Khalid S.}",
booktitle = "Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019",
address = "United States",

}

Ivanov, VV, Lvova, NA, Pokrovskaia, NV, Nurmukhametov, RK & Naumenkova, SV 2019, Increasing the financial depth of the Russian economy: Does it stimulate investment activity? in KS Soliman (ed.), Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020, IBIMA, pp. 2747-2759, Granada, 10/04/19.

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 (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020).

Research output

TY - GEN

T1 - Increasing the financial depth of the Russian economy

T2 - Does it stimulate investment activity?

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

M3 - Conference contribution

AN - SCOPUS:85074077650

T3 - Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020

SP - 2747

EP - 2759

BT - Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019

A2 - Soliman, Khalid S.

PB - IBIMA

ER -

Ivanov VV, Lvova NA, Pokrovskaia NV, Nurmukhametov RK, Naumenkova SV. Increasing the financial depth of the Russian economy: Does it stimulate investment activity? In Soliman KS, editor, Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. IBIMA. 2019. p. 2747-2759. (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020).