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Finance and Credit
 

Financial determinants of the modern Russian economy

Vol. 28, Iss. 9, SEPTEMBER 2022

Received: 20 June 2022

Received in revised form: 11 July 2022

Accepted: 25 July 2022

Available online: 29 September 2022

Subject Heading: Financial system

JEL Classification: E44, Е60, Е69

Pages: 2081–2101

https://doi.org/10.24891/fc.28.9.2081

Valerii V. SMIRNOV I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
v2v3s4@mail.ru

https://orcid.org/0000-0002-6198-3157

Subject. This article considers the financial determinants of the modern Russian economy.
Objectives. The article aims to define the financial determinants of the modern Russian economy.
Methods. For the study, I used a systems approach based on the methods of statistical, neural network, and cluster analyses.
Results. The article reveals the financial determinants of the modern Russian economy, indicating the degree of their influence on it, and describes the way and methods of action of government authorities to ensure the stability of the financial system, growth and development of the economy.
Relevance. The study expands the scope of knowledge and develops the competencies of the Government and the Central Bank of the Russian Federation, as well as the scientific community to ensure the stability of the financial system.

Keywords: determinants, inflation, key interest rate, soft mortgage lending, real money income

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