Digitalization of state (municipal) financial control is a permanent process caused by the digital transformation of public administration. Choosing the approaches to solve this problem optimally and comprehensively is extremely important owing to the significant number of financial control bodies. The subject of the study is the activities of external and internal state (municipal) financial control bodies in terms of digitalization. The study’s goal is to develop the most effective approaches and recommendations for implementing the activities of digitalization of state (municipal) financial control bodies. The conditions and features of state (municipal) financial control bodies’ digitalization are determined. The author revealed the essence of the digitalization concept. The paper analyzed the approaches to digitalization used by the Federal Treasury and the Accounts Chamber of the Russian Federation. The analysis reveals that the Federal Treasury and the Accounts Chamber of the Russian Federation have used approaches to digitalization that are based on the use of vertically centralized and integrated approaches as well as providing of services.

Subject. The variety of international financial institutions (IFIs) that regulate international monetary, credit and financial relations (IMCFR) raises the question of assessing the effectiveness of their activities and the degree of influence on financial stability in the global financial market. Objectives. Based on the categorization of MFIs and a systematic approach to assessing the degree of their mutual influence on the IMCFO system and the global economic system, develop criteria for assessing the effectiveness of MFIs in terms of achieving their statutory goals and ensuring financial stability. Methods. Dialectical methods, the method of system analysis, the method of analysis and synthesis, and the didactic method were used. Results. MFIs are divided into 3 groups according to the taxonomy of influence on ensuring financial stability; within the framework of a systems approach, direct and reverse channels of influence of MFIs of 3 groups on each other and on the IMCFO system and the world economy, the economy as a whole, are analyzed. The criteria for assessing the effectiveness of IFIs are substantiated, including: assessing the degree of influence of IFIs on the composition of economic relations in the IMF; the relationship between the international competence of the institution in regulating the International Monetary Fund and the availability of the necessary powers and financial resources to solve the assigned tasks; simplicity and ease of procedure for allocating the necessary resources to mitigate financial shocks in the IMF and solve short-term problems with the balance of payments. Conclusions. Based on reasonable efficiency criteria, the growing importance of type 2 and type 3 MFIs is recorded, with a certain degradation of “classical” type 1 MFIs and segmentation of regulatory contours to the level of regional associations and professional communities.

The modern trends of world economic development include complicated digital and transformation processes, which create a wide range of risks and challenges to the actual positions of countries in the world architecture. Also, they open new opportunities for competitiveness and welfare improvement of any state or regional groups, in particular by their technological sovereignty creation. The share of African countries in the world trade accounts for 3%, however, the interest in this region, as a foreign trade partner, is increasing. This is driven by the intensity of considerable reserves of natural resources, existing and potential in the sphere of renewable energy sources and of local production involvement in global value chains. All this stimulates to elaborate on their own technologies, mitigating the extent of regional economic dependence on external factors. Thus, the African region continues to attract investors, and from this position, Russia is not the exception. At the moment, amid sanctions and diversification of export flows, African countries are actual for Russian producers and suppliers from the implementation process. This paper highlights the key positions of Russian non-resource commodities to African countries, defines the major markets of sales and also to analyze the role of Russian export in African countries’ technological sovereignty achievement.

This paper evaluates the impact of business communications on the performance of companies and organizations and briefly outlines the history of the formation of the conceptual apparatus in the process of integrating integrated communications. Their role in corporate governance, as well as in the implementation of the ESG agenda in Russia, is considered. The relevance of the study is determined by the accelerated changes in the concepts of communication integration, the constant updating of forms, methods, tools and technologies, as well as the ambiguity of interpretations and the insufficient development of methodological approaches, which requires a new understanding of their content and implementation possibilities. The similarities and differences between integrated marketing communications and integrated communications are analyzed, the uncertainty in the use of these concepts is shown, as well as the distinctive features of the latter, which interact with all groups of stakeholders. The subject of the study is the system of relations in the process of interaction of companies and organizations with all groups of stakeholders. The purpose of the article is to show the advantages and possibilities of practical application of integrated communications, as well as new approaches to management strategizing. The article uses such research methods as content analysis of scientific periodicals, comparative analysis of semantic constructions of terms, study of practical experience in managing communications of companies and organizations, criteria and indicators for assessing their quality. The current trends in the development of integrated communications and their growing influence on the performance of companies and organizations are shown. The scientific novelty of the publication is justified by the author’s interpretation of the process of communication integration. The analysis showed that in the methods for compiling ESG ratings, the set of criteria for assessing the quality of block “G” is limited to the indicators of corporate governance codes. Therefore, the authors propose to expand this set using metrics for assessing the effectiveness of integrated communications management taken from the “corporate management” and “communications management” systems. The practical significance of the work is the opportunity to attract the attention of stakeholders to the problem of integrated communications and expand the horizon of their perception in theory and practice. Further directions of research may be related to the consideration of the characteristics of Russian communications practices in the business environment. Effective integrated communications can play a key role in the development of sustainable corporate governance in Russia.

The international authors’ crew has recorded the weaknesses and strengths of the innovative development of the economies of the Russian Federation (RF) and the Republic of Belarus (RB), the points of their real intersection and the existing reserves of cooperation, that are relevant for the current situation having used analytical tools. The results of analysis in these materials helped define similar features of the two economies as a high scientific and educational potential. The study aimed to identify areas where the advantages of one economy under study are clear. The authors found that the RF economy excels in investments and the market environment, while RB excels in infocommunication technologies and the optimality of the branches’ economics. The research will continue to develop and clarifying ways for further cooperation between the two countries. The experience exchange and higher engineering education, high-tech sector and R&D will enable RF to use the positive experience of Belarusian partners today.

Relevance. The Guidelines for Budget, Tax and Customs Tariff Policy for 2024 and for the planning period 2025–2026 show that there will be a significant increase in expenditures for all funds of the Russian budget system. The expenses’ structure is changing significantly: it is expected to shift towards power expenses against the backdrop of a slight reduction in investments in human capital, social policy and the national economy growth. To ensure the budgetary balance required by law, the state predicted an increase in the tax burden in the next three years. This paper attempts to assess the impact of these changes on GDP dynamics. The authors calculated multipliers, including in key functional sections of the budget classification, to assess changes in fiscal policy, tax, and budget expenditure. Methods. We based these calculations on the impulse responses of the structural VAR model of the Russian economy. Also, the authors assessed the model on data for 2004–2021 to reckon the average-sized model (10 indicators) involved having used the Bayesian estimation method. Results. The calculated financial multipliers confirm a significant effect of fiscal policy on GDP; expenditures on social policy and the national economy showed the greatest stimulating effect.

Inflation as a process of monetary depreciation is a debatable issue for many theorists. It is formed under the influence of various reasons: monetary emission, increased government spending, global crises, budget deficit, monopoly of big companies on price determination, trade union monopoly, and others. There are many types of inflation, which are classified depending on a specific feature (the rate of price growth, the nature of the flow, causes, etc.). The paper concludes the need to focus more attention on anti-inflationary policy, while considering not just monetary levers but also non-monetary levers, follow modern trends and look for better mechanisms. The results caused actions of a well-coordinated mechanism of public authorities and their cooperation with credit organizations, the principle of simplicity and publicity, improving financial literacy of the population and considering all available opportunities in the information society. By implementing these steps, the state can more effectively influence to bring about anti-inflationary policy. The materials of scientific research can be useful to specialists in the economic field, scientists, postgraduates, undergraduates.

The relevance of this work is determined by the important problems of improving living standards in Russia, increasing the welfare of the population, and reducing poverty. High differentiation of the country’s regions also creates additional risks associated with forming undesirable migration flows of both population and business. Studies show that while being a leader in one area, a region may lag in other areas. It is necessary to determine how interrelated the various indicators of living standards in the subjects of the Russian Federation are. The research methods are based on the analysis of indicators of living standards of the population of Russian regions. In particular, the authors analyzed current and retrospective values, compared the values of indicators in different regions of the country, correlation and cluster analysis. The study formed integral indicators of regional development in five areas that characterize the population’s living standard to carry out calculations. The analysis results showed that there is no significant linear correlation between 22 selected private indicators of living standards in the vast majority of cases. The prospects of the study lie in further identification of ways to improve the situation, considering the specifics of the ratio of various indicators of living standards.

The opportunities for Russia’s economic growth substantiate the relevance of the research in the current conditions. The authors analyze the scientific literature and summarize the approaches to the “locomotives” or “drivers” of growth. In line with the reviewed studies, the authors use the sectoral approach. This considers the important investments presented in different approaches. The purpose of the paper is to identify the sectors of the Russian manufacturing industry that could, with certain government support, act as locomotives of economic growth in the medium and long term. The authors considered the locomotive industries in relation to two interrelated tasks of the investment model of growth. The study uses methods and tools of economic, logical, cause-and-effect analysis, content analysis, as well as forecasting and statistical assessments. The work has identified two groups of engine industries, using forecast-statistical estimates reflecting the impact of external sanctions on the Russian economy. The practical significance of the study is to define the growth driver industries for the further design of measures for the strategic development of these industries.

In terms of market relations, Russia actively integrated into the world space as an outcome of globalization processes, which significantly determined its foreign economic activity. Increased political tension, growing threats to Russia’s national interests and unprecedented sanctions pressure bring to the fore the need seeking for new ways and tools for the country’s economic development. Analysis of import operations in real circumstances helps to identify factors of influence and opportunities for strengthening the Russian economy. In particularly such as analysis of the structure and dynamics of imports, expenses managing of import operations, income and efficiency, formats of interaction between counterparties. The study’s aim is to consider the issues of legal regulation of import operations in the Russian Federation, considering international and national legal norms, as well as aspects that reveal the analysis’ basis and accounting of import operations in nowadays realities. Timely analysis of import operations and identifying factors influencing efficiency allows developing additional procedures. The authors consider the need focusing on cost savings, conducting simplified customs declaration procedures within the framework of international and national law and minimizing risks.

The specifics of Russian economic cycles, in particular, is that their course differs markedly in different regions, resulting in increased asymmetry in regional development. The paper studied of the influence of historical and sectoral factors, which determine the economic specialisation of the region, and the features of the sectoral structure of the regional economic in growth of the old industrial regions of Russia. Thus, the author concluded the nature of their dynamics mainly determines the sectoral factor and revealed a significant number of promising economic specialisations is a characteristic of the old industrial territories in virtue of the historical features of the industry growth in the Soviet period and the external position of economic activity. The outcome is that it is necessary to conduct a selective regional policy aimed at overcoming the limitations of the resource, organizational, and institutional nature of the development of old industrial regions.