Financial mechanisms to stimulate the real economy in the global economic security system

Pavel Klimenko,Larisa Sevryukova,Mikhail Goncharenko,Dmitry Dmitriev,T Kliestik

doi:10.1051/shsconf/20219208011

Pavel Klimenko, Larisa Sevryukova + Show 3 more

Open Access

https://doi.org/10.1051/shsconf/20219208011

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Abstract

Research background: The real sector plays a crucial role in the country’s economy. It is he who serves as the economic basis for creating an additional product, in close connection with the financial sector. Today, the concept of “real sector of the economy” is used very actively both in economic science and in economic practice. Favourable macroeconomic factors lead to investment in the real sector and increase the competitiveness of production, both the economy of the individual state and the global economy as a whole. Research aimed at improving the efficiency of the real sector through the development of financial mechanisms to support it on a global scale is therefore highly relevant to the economic security of individual countries and the world economy. Purpose of the article: identification of current problems and ways of improvement, financial mechanisms to stimulate the real sector of the economy to ensure economic security of the state Methods: spatio-temporal analysis of the identified indicators of balanced development of the regional economy in order to ensure economic security. Findings & Value added: Findings & Value added: proposed ways to develop effective financial mechanisms to stimulate the real sector of the economy can be used in the development of economic security strategies for regions and federal districts

Highlights

The real sector plays a crucial role in the country's economy
The features and main trends of the Russian industrial policy and directions of development of the industrial sector in recent years are determined by the state of the national economy and the influence of the state's foreign policy and its position in the world economy
The real sector of any country is characterized by features that depend on the current level of economic development and the structure of the economy with industry leaders

Summary

Introduction

The real sector plays a crucial role in the country's economy. It is the economic basis for creating a surplus product that ensures the functioning of the financial sector. In the sphere of state regulation and creation of mechanisms to support the real sector of the economy, a "turn" is being made from active direct intervention in the activities of economic entities to creating an environment that promotes entrepreneurial activity, innovation, fair competition and orientation to the development of new markets. In this regard, the set of state support tools should change. The more tools we can use to help the real sector of the economy, the faster it will develop

2 Literature review

Results

Discussion and conclusion