Analyzing Russia's financial potential in global development

Abstract

Subject. This article explores the financial position of Russia in global development. Objectives. The article aims to determine the financial potential of Russia in global development. Methods. For the study, I used a systems approach based on the methods of statistical, neural network, and cluster analyses. Results. The article shows the values of Russia's financial potential in global development, defined in the position of connectivity of the Russian and Chinese economies. Conclusions and Relevance. Russia's financial potential points to the possibility of ensuring economic growth in global development by adjusting the growth rate of the balance of payments account in US dollars, transactions and loans in the national currency, strengthening the role of the financial market and institutions. The study expands the scope of knowledge and develops the competencies of the Government of the Russian Federation to ensure economic growth in global development.