What is at the End of Crisis? Medium-term Scenarios for the Development of World and Russian Economies

Akindinova, Natalia; Петроневич, Максим Васильевич

doi:10.17323/1995-459x.2009.4.22.35

Cited by 2 publications

(3 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Experts identify typical methodological reflections on the creation of business organizational and economic conditions and institutions for the development of the business environment, primarily tax and financial institutions, which must be aimed at enhancing the development of business structures in order to successfully overcome the economic consequences of the systemic risks of financial and economic globalization. [2,8,13] At the same time, we do not share the fetishization of the creation of institutional conditions (for all their importance), because they allow only to slightly reduce the effect caused by unresolved problems of organizing and doing business. Modern tax policy needs to be modernized taking into account the possible impact of external and internal factors.…”

Section: Results Of the Studymentioning

confidence: 99%

“…Clearly, a colossal amount of work lies ahead, because the globalization of financial markets is accompanied by the consolidation of financial flows, the development of supranational institutions, and the deployment of tough competition. [2,7,9] It should be noted that a tough tax policy leads to appearance of offshore jurisdictions, and, ultimately, will intensify capital outflow from the country. Measures and instruments of tax regulation are not enough to deoffshorize the Russian economy, but a political solution to the problem is needed.…”

Section: Results Of the Studymentioning

confidence: 99%

See 1 more Smart Citation

Tax policy as a toolkit on ensuring the conditions for the formation of a favourable business environment in a post-crisis economy

2021

cibg

View full text Add to dashboard Cite

The post-crisis development of the domestic economy brings into focus the need to find new sources of economic growth. One of the directions is the development of an effective tax policy. Exhausted potential of the economic growth model based on domestic and foreign demand is already evident. As a minimum, an immediate modification of the entire infrastructure of the financial and credit market is required. In these conditions, urgent proactive changes are needed; it is necessary to ensure transparency, provide effective tax incentives, increase the availability of credit and financial resources, etc. The group of key macroeconomic factors that negatively affect economic dynamics can be corrected by creating a set of priority tax policy instruments, which will neutralize the negative effect of dysfunctions of the financial system and ensure the business level and growth of investment activity in the national economy. The next global financial crisis aggravated by economic sanctions increased the impact of supranational institutions and increased the role and importance of state regulation in the Russian economy, and, first of all, in the field of tax institution activities. The importance of such coordination was shown as a result of the global economic crisis, the main reasons for which were systemic deficiencies in the implementation of regulatory macroeconomic policies; arbitrary use of innovative financial instruments; the chaotic development of aggressive lending technologies by commercial banks; improper use of methods for assessing investment risks, etc. The need for a theoretical and methodological study of modern tax policy structure in order to ensure a favourable business environment in the post-crisis economy prompted us to tackle this research topic.

show abstract

Section: Results Of the Studymentioning

confidence: 99%

Section: Results Of the Studymentioning

confidence: 99%

Tax policy as a toolkit on ensuring the conditions for the formation of a favourable business environment in a post-crisis economy

2021

cibg

View full text Add to dashboard Cite

show abstract

“…Belousov [9], N.V. Akindinova, M.V. Petronevich [10] conducted an assessment of the economic situation in Russia through the construction of models. The main task is to search for indicators that would signal the onset of a crisis situation and its overcoming.…”

Section: Advances In Economics Business and Management Research Volmentioning

confidence: 99%

Peculiarities of interest rates as forecasting indicator in Russian economy

Grigorieva¹,

Valkov²

2017

Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017

View full text Add to dashboard Cite

-The article studies the dynamics of different macroeconomic indicators from the point of view of their forecasting ability in the Russian economy in the period of 2012-2016. The article considers the changes in such macro-indicators as benchmark interest rates, the curve of zero-coupon yield, government stock rates spread and inflation-adjusted money supply. In so doing, the article compares these indicators with their American analogues. The main point was to study the way the indicators were changing, the accuracy of their reflecting the economic situation and whether they should be applied to the Russian economy on the basis of foreign experience (for example, the "Index of Leading Indicators" published by the Conference Board). This issue has been in the focus of Russian and foreign authors as they try to construct the system of economic forecasting. The revealing of these forecasting instruments is a difficult process allowing for the significant number of various indicators and differing market conditions. As a result of the study, the authors uncovered that some of the proposed indicators reflect basic changes in economy as well they have significant forecasting abilities and can be 1-2 quarters ahead of the general situation on the market.

show abstract

What is at the End of Crisis? Medium-term Scenarios for the Development of World and Russian Economies

Cited by 2 publications

References 0 publications

Tax policy as a toolkit on ensuring the conditions for the formation of a favourable business environment in a post-crisis economy

Tax policy as a toolkit on ensuring the conditions for the formation of a favourable business environment in a post-crisis economy

Peculiarities of interest rates as forecasting indicator in Russian economy

Contact Info

Product

Resources

About