Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises
https://doi.org/10.26794/2220-6469-2025-19-1-49-62
Abstract
This article examines various aspects of the interaction between the financial sphere and the real sector of the Russian economy. The authors propose a classification of the functions of the monetary and financial system, describe key issues complicating the relationships between enterprises and financial institutions in modern Russia, and analyze several examples illustrating the ambiguous impact of macro-financial policies implemented by the Bank of Russia and the Ministry of Finance of the Russian Federation on economic development processes. Additionally, the study includes an analysis of numerical data obtained from surveys of Russian real-sector enterprises conducted from 1999 to 2024. The authors note that from 1999 to 2008, Russian macro-financial policy contributed to improving relations between the real sector and the financial sphere. However, this process was later stalled.
About the Authors
D. B. Kuvalin
Institute of Economic Forecasting, Russian Academy of Sciences
Russian Federation
Russian Federation
Dmitrij B. Kuvalin - Dr. Sci. (Econ.), Deputy Director and Head of the Laboratory for Analysis
and Forecasting of Macroeconomic Processes
Moscow
Yu. V. Zinchenko
Institute of Economic Forecasting, Russian Academy of Sciences
Russian Federation
Russian Federation
Yuliya V. Zinchenko -Cand. Sci. (Econ.), Senior Researcher
Moscow
P. A. Lavrinenko
Institute of Economic Forecasting, Russian Academy of Sciences
Russian Federation
Russian Federation
Petr A. Lavrinenko - Cand. Sci. (Econ.), Senior Researcher
Moscow
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Review
For citations:
Kuvalin D.B., Zinchenko Yu.V., Lavrinenko P.A. Interrelations Between the Real and Financial Sectors of the Russian Economy in the Assessment of Russian Enterprises. The world of new economy. 2025;19(1):49-62. https://doi.org/10.26794/2220-6469-2025-19-1-49-62
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