Analyzing the financial capacities for the Russian economy's development

Abstract

Subject. This article explores the financial possibilities to develop the Russian economy. Objectives. The article aims to determine the relationship between the financial capacities for the development of the Russian economy and its elements, and the necessary conditions to take full advantage of them. Methods. For the study, I used a systems approach based on the methods of statistical, neural network, and cluster analyses. Results. The article defines the relationship between the financial capabilities of the Russian economy and their elements, and identifies the necessary conditions for their implementation for the further development of the Russian economy. Conclusions and Relevance. The financial potentialities and opportunities for the development of the Russian economy, manifested in certain complex relations, indicate the optimal position to maintain the positive trend in economic growth to the Russian Federation Government. The study expands the scope of knowledge and develops the competencies of the Government of the Russian Federation, as well as the scientific community focused on assessing the possibilities and opportunities for ensuring economic growth.