Home  Journals  National Interests: Priorities and Security  10(439) - 2024 October

The limits to growth of the debt burden on the Russian economy

Received: 13 July 2023

Received in revised form: 25 August 2023

Accepted: 17 September 2023

Available online: 16 October 2024

Subject Heading: SUSTAINABLE DEVELOPMENT OF ECONOMY

JEL Classification: Е44, Е60, Е62

Pages: 1905-1921

https://doi.org/10.24891/ni.20.10.1905

Subject. This article discusses the problems of growing debt of individuals on loans and servicing the public debt of the constituent entities of the Russian Federation.
Objectives. The article aims to analyze the reasons for the decline in the financial stability of the Russian economy.
Methods. For the study, I used mathematical research methods.
Results. The article finds that the actions of the monetary authorities are aimed at strengthening the impact of non-cash funds on the Russian economy, but at the same time, the instrument of monetary emission is actively used to maintain sustainable economic growth. The main problem is related to ensuring sustainable growth of the Russian economy in the context of a floating exchange-rate regime.
Conclusions. The results of the study can be taken into account when forming a set of measures to improve the efficiency of the Russian economy.

Keywords: exchange rate, money issuance, debt securities, credit portfolio, trade balance

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