Aim. To develop guidelines and instruments of the stimulating monetary policy of the Russian Federation (RF), contributing in the conditions of the sanctions imposed to increase the rate of economic growth and its efficiency.Tasks. Analysis of the state of the Russian economy, the main directions of its further development and regulation mechanisms; study of the financial potential of the Russian economy (savings and investments) in conditions of closing access to financial markets and to international payment and settlement systems of developed countries; study of the ongoing monetary policy of Russia, its main components — monetary and fiscal policy, their impact on economic growth; analysis of modern monetary theory, existing views of Russian and foreign economistsMethods. The authors applied the method of analysis in the process of studying the practice of monetary and fiscal regulation in Russia and abroad, carried out economic analysis. The article reflects the research data of Russian and foreign specialists. A systematic approach, which provides for the interdependence of monetary, fiscal policy and macroeconomic regulation of the economy, investment and innovation development, was used.Results. The need to combine the ongoing restraining anti-inflationary monetary policy with a soft budget policy, providing incentives for modernization of enterprises, domestic demand and supply at the expense of targeted budget financing within the adopted state programs of socio-economic, structural and innovative development with reasonable limits of budget deficit and public debt has been established.Conclusions. In a stagflationary environment, it seems appropriate to pursue a strict anti- inflationary monetary policy of the Bank of Russia, restraining credit issuance and stimulating the growth of savings. Closed access of RF residents to financial markets of developed countries with excessive monetary resources, limited opportunities for growth of domestic savings and savings, insufficient inflow of foreign investments due to high risks of Russian residents to foreign markets increases the importance of targeted budget financing in the context of state programs to expand and modernize production, structural reforms and innovation development. To justify the limits of the deficit of state and municipal budgets and debts, it is necessary to apply the indicators of fiscal gaps. As the key rate of the Bank of Russia decreases, the financial market stabilizes, and the targets of targeted programs are met, budget financing is replaced by private investment, bank and commercial lending.
Aim. The presented study aims to produce a set of tools for modeling the development of internet companies.Tasks. The authors show the competitive advantages of small and medium enterprises; identify the main features of the modern business environment; determine the structure of modern e-business; identify Internet factors affecting a company that implements Internet technologies in its commercial activities; identify the main factors that make the Internet market attractive for small and medium enterprises and determine their readiness to implement e-business; provide an overview of government support for small and medium enterprises in the context of a pandemic.Methods. This study uses general scientific methods of cognition to analyze the problems of e-business development among small and medium enterprises in Russia.Results. The development of e-business has produced new functions and business processes, adding fundamentally new qualities to the companies’ commercial activities. The ultimate goal of modeling e-business development is to create a set of tools for the formation of an efficient development program for Internet companies that involves building adaptive economic and mathematical models for managing the development of an Internet company as a complex system.Conclusions. The formation and rapid expansion of the national market of computer technologies and software, the growing number of Internet users, and the creation of electronic payment systems in Russia facilitate the introduction and spread of e-commerce among small and medium enterprises. At the same time, doing business online involves solving many problems under conditions of risk, uncertainty, and certain restrictions.
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