Complex approach for state anti-crisis management in a down economy

Abstract

The article analyzes anti-crisis state economic measures, justifies the inadmissibility of “targeted anti-crisis measures”, practicality of long-term planning, which should become the foundation of complex approach to state anticrisis management amid the global financial crisis, Russian economic crisis, anti-Russian sanctions and the pandemic of Covid–19. As part of solving this problem – improving the quality of public administration – many scientists and practitioners have high hopes for the global digitalization of the economy, which provides for the introduction of adaptability to the challenges of the digital economy into the state mechanism. The authors focus on the low level of efficiency of interbudgetary relations, which indicates that one of the most important shortcomings of the mechanism used in Russia is the untimely allocation of budget allocations from the state budget-to-budget recipients, one of the unjustified reasons for which may be the conviction of government officials that budget spending stimulates inflation. As part of increasing the level of state anti-crisis management and regulation of personal responsibility of federal executive bodies, it seems expedient to propose the representatives of science13 to include the indicator of evenness of budget execution in the list of criteria for assessing the quality of the Ministry of Finance of the Russian Federation. In addition, the article investigates the negative consequences of VAT increase, the abolition of indexation of a working retired person’s pension, the establishment of market relations in the housing and communal services, realistic budget policy. The article pays particular attention to bankruptcy institution in Russia and its negative consequences, the need to increase the level of research and development commercialization in universities.