Formation of a New Organizational and Economic Mechanism Enhancing the Functional Role of Population's Savings in Financing Investments
Formation of a New Organizational and Economic Mechanism Enhancing the Functional Role of Population's Savings in Financing Investments
Author(s): Arsen Azidovich Tatuev, Georgiy N. KUTSURI, Sergey A Shanin, Violetta V. ROKOTYANSKAYA, Nataliya I. OVCHAROVASubject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: ASERS Publishing
Keywords: investments; expanded reproduction; investment financing; value of assets; market of collective investments; savings of the population;
Summary/Abstract: The article examines the problem of economic development within a context of reductions of the investment resources. Russian economy is characterized by one of the highest borrowing costs. This affects the development of the real economy, as investment demand is shifting towards highly profitable projects. But the investments in the real sector have naturally lower profitability than financial speculations in securities of operating companies. In such circumstances, it is advisable to form a new organizational and economic mechanism of financing economic growth and modernization. The savings of the population should play a key role in this system, being the most important source of domestic investment.
Journal: Journal of Advanced Research in Law and Economics (JARLE)
- Issue Year: VII/2016
- Issue No: 21
- Page Range: 1858-1867
- Page Count: 10
- Language: English
- Content File-PDF