worldneweconomyМир новой экономикиThe world of new economy2220-64692220-7872Financial University under The Governtment оf The Russian Federation10.26794/2220-6469-2022-16-4-54-66worldneweconomy-374Research ArticleЭКОНОМИЧЕСКАЯ ТЕОРИЯECONOMIC THEORYРазвитие инструментов государственной финансовой поддержки российского экспорта в современных условияхProgress of state financial support methods of russian exports in modern conditionshttps://orcid.org/0000-0002-0628-0133СахаровД. М.SakharovD. M.

Дмитрий Михайлович Сахаров — кандидат экономических наук, доцент департамента мировых финансов

Москва

Dmitry M. Sakharov — Cand. Sci. (Econ.), Associate Professor of the Department of World Finance

Moscow

dmsakharov@fa.ruФинансовый университетРоссияFinancial UniversityRussian Federation2022170120231645466Copyright © Сахаров Д.М., 20232023Сахаров Д.М.Sakharov D.M.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://wne.fa.ru/jour/article/view/374

Статья посвящена изучению вопросов поддержки российского экспорта в современных условиях. Цель исследования заключается в рассмотрении действующей системы финансовой поддержки российского экспорта и определении путей ее дальнейшего развития. Сделан вывод о необходимости развития инструментов финансовой поддержки экспорта посредством внедрения стандартизированных финансовых продуктов. Автор отмечает важность предоставления финансовых услуг контрагентам российских экспортеров из дружественных стран и использования возможностей российского финансового рынка для поддержки экспорта, в том числе синдицированного кредитования и рынка рублевых облигаций. Перспективы дальнейших исследований связаны с вопросами разработки дополнительных механизмов увеличения российского экспорта в дружественные страны, а также с определением путей увеличения экспорта услуг, в том числе финансовых, информационных и телекоммуникационных.

The paper studies methods of support for Russian exports in modern conditions. The purpose of the research is to review the current system of financial support for Russian exports and determine ways for its further development. The study concluded that it is necessary to develop instruments of financial support for exports by introducing standardized financial products. The author highlights the importance of providing financial services to counterparties of Russian exporters from friendly countries as well as using the opportunities of the Russian financial market to support exports, including syndicated lending and the ruble bond market. This allows relating prospects for further research to the development of additional mechanisms for increasing Russian exports to friendly countries, as well as identifying ways to increase the export of services, including financial, information and telecommunications.

поддержка российского экспортагосударственные институты поддержки экспортавнешняя торговлянесырьевой экспортмеждународные платежиплатежная система Россиинациональные валютыроссийский финансовый рынокденежно-кредитная политикаRussian exports supportstate export support institutionsinternational tradenon-commodity exportinternational paymentspayment system in Russianational currenciesRussian financial marketmoney-credit policyСтатья подготовлена по результатам исследований, выполненных за счет бюджетных средств по государственному заданию Финуниверситету.The paper was prepared on the research results carried out at the expense of budget funds within the framework of the government research assignment to the Financial University.ReferencesBloom N., Van Reenen J., Williams H. A toolkit of policies to promote innovation. Journal of Economic Perspectives. 2019;33(3):163–184. DOI: 10.1257/jep.33.3.163 (In Russ.: Bloom N., Van Reenen J., Williams H. Politika podderzhki innovatsii: nabor instrumentov. Voprosy ekonomiki. 2019;(10):5–31. DOI: 10.32609/0042–8736–2019–10–5–31).Bloom N., Van Reenen J., Williams H. A toolkit of policies to promote innovation. Journal of Economic Perspectives. 2019;33(3):163–184. DOI: 10.1257/jep.33.3.163 (In Russ.: Bloom N., Van Reenen J., Williams H. Politika podderzhki innovatsii: nabor instrumentov. Voprosy ekonomiki. 2019;(10):5–31. DOI: 10.32609/0042–8736–2019–10–5–31).Volchkova N. A. Russian exporters in the economic crisis caused by the COVID-19 pandemic. Zhurnal Novoi ekonomicheskoi assotsiatsii = Journal of the New Economic Association. 2021;(4):252–257. (In Russ.). DOI: 10.31737/2221–2264–2021–52–4–14Volchkova N. A. Russian exporters in the economic crisis caused by the COVID-19 pandemic. Zhurnal Novoi ekonomicheskoi assotsiatsii = Journal of the New Economic Association. 2021;(4):252–257. (In Russ.). DOI: 10.31737/2221–2264–2021–52–4–14Obolenskiy V. P. Integration projects of Russia and EAEU: Chance for extension export? Kontury global’nykh transformatsii: politika, ekonomika, pravo. 2020;13(3):156–175. (In Russ.). DOI: 10.23932/2542–0240–2020–13–3–9Obolenskiy V. P. Integration projects of Russia and EAEU: Chance for extension export? Kontury global’nykh transformatsii: politika, ekonomika, pravo. 2020;13(3):156–175. (In Russ.). DOI: 10.23932/2542–0240–2020–13–3–9Ushkalova D. I. Foreign trade in Russia in the new conditions. Zhurnal Novoi ekonomicheskoi assotsiatsii = Journal of the New Economic Association. 2020;(1):199–207. (In Russ.). DOI: 10.31737/2221–2264–2020–45–1–10Ushkalova D. I. Foreign trade in Russia in the new conditions. Zhurnal Novoi ekonomicheskoi assotsiatsii = Journal of the New Economic Association. 2020;(1):199–207. (In Russ.). DOI: 10.31737/2221–2264–2020–45–1–10Gnidchenko A.A. Measuring quality-based competitiveness: What’s wrong with high-tech exports? Voprosy ekonomiki. 2020;(6):80–103. (In Russ.). DOI: 10.32609/0042–8736–2020–6–80–103Gnidchenko A.A. Measuring quality-based competitiveness: What’s wrong with high-tech exports? Voprosy ekonomiki. 2020;(6):80–103. (In Russ.). DOI: 10.32609/0042–8736–2020–6–80–103Bortsov D.V. “Communication gap” as a deterrent to the growth of Russian Exports and ways to overcome it. Voprosy ekonomiki. 2019;(9):123–134. (In Russ.). DOI: 10.32609/0042–8736–2019–9–123–134Bortsov D.V. “Communication gap” as a deterrent to the growth of Russian Exports and ways to overcome it. Voprosy ekonomiki. 2019;(9):123–134. (In Russ.). DOI: 10.32609/0042–8736–2019–9–123–134Pogorletskiy A. I. “Soft power” and Russia’s export potential in non-raw materials sector of economy. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations. 2021;65(3):102–110. (In Russ.). DOI: 10.20542/0131–2227–2021–65–3–102–110Pogorletskiy A. I. “Soft power” and Russia’s export potential in non-raw materials sector of economy. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations. 2021;65(3):102–110. (In Russ.). DOI: 10.20542/0131–2227–2021–65–3–102–110Salinas G. Proximity and horizontal policies: The backbone of export diversification and complexity. IMF Working Paper. 2021;(64). URL: https://www.imf.org/-/media/Files/Publications/WP/2021/English/wpiea2021064-print-pdf.ashxSalinas G. Proximity and horizontal policies: The backbone of export diversification and complexity. IMF Working Paper. 2021;(64). URL: https://www.imf.org/-/media/Files/Publications/WP/2021/English/wpiea2021064-print-pdf.ashxGiri R., Quayyum S. N., Yin R. J. Understanding export diversification: Key drivers and policy implications. IMF Working Paper. 2019;(105). DOI: 10.5089/9781498313087.001Giri R., Quayyum S. N., Yin R. J. Understanding export diversification: Key drivers and policy implications. IMF Working Paper. 2019;(105). DOI: 10.5089/9781498313087.001Freund C., Pierola M. D. The origins and dynamics of export superstars. The World Bank Economic Review. 2020;34(1):28–47. DOI: 10.1093/wber/lhy011Freund C., Pierola M. D. The origins and dynamics of export superstars. The World Bank Economic Review. 2020;34(1):28–47. DOI: 10.1093/wber/lhy011Minetti R., Mulabdic A., Ruta M., Zhu S. C. Financial structures, banking regulations, and export dynamics. Journal of Banking & Finance. 2021;124:106056. DOI: 10.1016/j.jbankfin.2021.106056Minetti R., Mulabdic A., Ruta M., Zhu S. C. Financial structures, banking regulations, and export dynamics. Journal of Banking & Finance. 2021;124:106056. DOI: 10.1016/j.jbankfin.2021.106056Aquilante T., Vendrell-Herrero F. Bundling and exporting: Evidence from German SMEs. Journal of Business Research. 2021;132:32–44. DOI: 10.1016/j.jbusres.2021.03.059Aquilante T., Vendrell-Herrero F. Bundling and exporting: Evidence from German SMEs. Journal of Business Research. 2021;132:32–44. DOI: 10.1016/j.jbusres.2021.03.059Lyubimov I. L., Ospanova A. G. How to make an economy more complex? The determinants of complexity in historical perspective. Voprosy ekonomiki. 2019;(2):36–53. (In Russ.). DOI: 10.32609/0042–8736–2019–2–36–53Lyubimov I. L., Ospanova A. G. How to make an economy more complex? The determinants of complexity in historical perspective. Voprosy ekonomiki. 2019;(2):36–53. (In Russ.). DOI: 10.32609/0042–8736–2019–2–36–53Simachev Yu.V., Fedyunina A. A., Kuzyk M. G. Russian industrial policy in the context of global production system transformation and severe constraints. Voprosy ekonomiki. 2022;(6):5–25. (In Russ.). DOI: 10.32609/0042–8736–2022–6–5–25Simachev Yu.V., Fedyunina A. A., Kuzyk M. G. Russian industrial policy in the context of global production system transformation and severe constraints. Voprosy ekonomiki. 2022;(6):5–25. (In Russ.). DOI: 10.32609/0042–8736–2022–6–5–25Sukharev O. S. Structural policy: Towards a new investment model of economic growth. Finance: Theory and Practice. 2019;23(2):84–104. DOI: 10.26794/2587–5671–2019–23–2–84–104Sukharev O. S. Structural policy: Towards a new investment model of economic growth. Finance: Theory and Practice. 2019;23(2):84–104. DOI: 10.26794/2587–5671–2019–23–2–84–104Rannikko H., Lahtinen H. Study on best practices on national export promotion activities. Brussel: European Economic and Social Committee; 2018. 50 p. DOI: 10.2864/959094Rannikko H., Lahtinen H. Study on best practices on national export promotion activities. Brussel: European Economic and Social Committee; 2018. 50 p. DOI: 10.2864/959094Criscuolo C., Martin R., Overman H. G., Reenen J. V. Some causal effects of an industrial policy. American Economic Review. 2019;109(1)48–85. DOI: 10.1257/aer.20160034Criscuolo C., Martin R., Overman H. G., Reenen J. V. Some causal effects of an industrial policy. American Economic Review. 2019;109(1)48–85. DOI: 10.1257/aer.20160034Zvonova E.A., Pishchik V. Ya., Alekseev P.V. Optimization of the activities of institutions promoting investment in the sustainable economic growth of Russia. Finance: Theory and Practice. 2021;25(4):110–120. DOI: 10.26794/2587–5671–2021–25–4–110–120Zvonova E.A., Pishchik V. Ya., Alekseev P.V. Optimization of the activities of institutions promoting investment in the sustainable economic growth of Russia. Finance: Theory and Practice. 2021;25(4):110–120. DOI: 10.26794/2587–5671–2021–25–4–110–120Fedyunina A. A., Averyanova Yu. V. Empirical analysis of competitiveness factors of Russian exporters in manufacturing industries. Ekonomicheskaya politika = Economic Policy. 2018;13(6):102–121. (In Russ.). DOI: 10.18288/1994–5124–2018–6–102–121Fedyunina A. A., Averyanova Yu. V. Empirical analysis of competitiveness factors of Russian exporters in manufacturing industries. Ekonomicheskaya politika = Economic Policy. 2018;13(6):102–121. (In Russ.). DOI: 10.18288/1994–5124–2018–6–102–121Abramova M. A., Dubova S. E., Ershov M.V., Zvonova E. A., Maslennikov V.V., Pishik V. Ya. On the reference directions of the unified state monetary policy for 2021 and the period 2022 and 2023: Financial University experts’ opinion. Ekonomika. Nalogi. Pravo = Economics, Taxes & Law. 2021;14(1):6–16. (In Russ.). DOI: 10.26794/1999–849X2021–14–1–6–16Abramova M. A., Dubova S. E., Ershov M.V., Zvonova E. A., Maslennikov V.V., Pishik V. Ya. On the reference directions of the unified state monetary policy for 2021 and the period 2022 and 2023: Financial University experts’ opinion. Ekonomika. Nalogi. Pravo = Economics, Taxes & Law. 2021;14(1):6–16. (In Russ.). DOI: 10.26794/1999–849X2021–14–1–6–16

The authors declare that there are no conflicts of interest present.