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National Interests: Priorities and Security
 

Analyzing the conditions of the current Russian market development

Vol. 19, Iss. 2, FEBRUARY 2023

Received: 16 June 2022

Received in revised form: 18 August 2022

Accepted: 16 December 2022

Available online: 14 February 2023

Subject Heading: SUSTAINABLE DEVELOPMENT OF ECONOMY

JEL Classification: D40, D49, Н50, L10

Pages: 317–335

https://doi.org/10.24891/ni.19.2.317

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. The article addresses the specifics of Russia's monetary policy in the context of international sanctions.
Objectives. The aim is to analyze the relationship between the key indicators of the Russian financial system development.
Methods. The study rests on methods of statistical, neural network, and cluster analysis.
Results. The paper recorded an excess of the growth rate of cash incomes on average per capita over the growth rate of real money income. The decrease in the share of federal budget revenues in the consolidated budget and the growth of the corresponding share of expenditures necessitate an increase in federal taxes.
Conclusions. In critical conditions, it is required to reduce the pressure of federal taxes on the economy and increase real money incomes of the population.

Keywords: income, tax, market development, price

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