Статья "Role of Financial Resources of the Economy’s Banki..."
Наименование статьи | Role of Financial Resources of the Economy’s Banking Sector in Russian Regions’ Socio-Economic Development |
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Страницы | 152 |
Аннотация | Financial capacities of the banking sector become an important strategic resource during the deficit of financial resources for the implementation of administrative multi-level spatial strategies and solution of important issues related to the territorial systems’ socio-economic development. The purpose of the study is to justify the key role of the economy’s banking sector in the solution of the issue concerning the increase of the RF entities’ fiscal capacity and to assess a volume of credit institutions’ necessary financial resources. To achieve this goal, the following objectives were set: to study fiscal capacity and structure of the regional systems’ government debt and the banking sector’s contribution to its formation, to construct spatial regression models showing the dependence of the regions’ socio-economic development level and their fiscal capacity on financial resources attracted by the banking sector, to define the volume of credit institutions’ financial resources, attraction of which will solve the problem of the RF entities’ budget deficit. We use the methods of statistical and regression analysis in this work. As a result, it was revealed that the banking sector’s investments in government and municipal debt securities and lending of the RF entities contribute to the increase of fiscal capacity, form financial foundation for the implementation of socio-economic development strategies. Attraction of investments in enterprises’ shares and securities, loans to financial and non-financial business and households lead to an increase of the territories’ gross regional product. The results of this study may be useful for the government authorities of the RF entities while implementing the developed spatial socio-economic development strategies. |
Ключевые слова | financial resources, banking sector, fiscal capacity, strategic planning, regression modelling. |
Журнал | Economic and social changes: facts, trends, forecast |
Номер выпуска | 6 |
Автор(ы) | Наумов И. В. |
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