Suchergebnisse

In recent years, scientific and practical interest in the strategic management of countries' financial development has grown significantly. However, an analysis of publications on this topic indicates the absence of a methodology to make strategic decisions on the formation of goals and priorities for financial development. The purpose of this study is to develop a methodology for the strategic management of the financial development of countries. The study uses methods of systemic, comparative, GEP analysis, and a rule-based judgment method. The result of the study is the development of a concept that allows defining strategy, quantified strategic goals and priorities for financial development, and its testing in OECD countries. The novelty of the research lies in the systematic approach to the formation of strategic goals and priorities based on the System of National Accounts, the multi-level system of key indicators of financial development, criteria formalizing alternative strategies, and rules for making strategic decisions. This is the first time such a concept has been proposed. The advantages of the developed concept are high representativeness, objectivity, and a wide range of applications. Its use will improve the quality of strategic management of countries' financial development and ensure transparency in government decisions. Doi: 10.28991/ESJ-2023-07-06-09 Full Text: PDF

Modern trends characterized by increasing Russian household debt against the stagnation of real income of the population demonstrate the importance of analytical tools within the regulator. It helps identify the level of debt burden in household sector and to develop an analytical toolkit that makes it possible to reveal debt burden. The paper uses the methods of statistic and graphical analysis as well as comparative and GAP-analysis. The empirical analysis is based on data of the Federal State Statics Service and Bank of Russia over a period of 1.01.2007–1.01.2019. The study develops the methodology to create an indicator for household sector debt burden both on macro- and micro-level. Based on the methodology, we develop a new financial stability index of household sector and its calculation algorithm. We offer the evaluation method of threshold value of this index and determine its quantitative value. The findings concerning debt burden level in Russia's household sector drawn on the basis of this indicator confirm its suitability for using as an additional diagnostic tool of Russia's financial stability.