About the population's savings as a tool of attracting "long" money in the Russian economy
https://doi.org/10.46845/2073-3364-2022-0-4-22-37
Abstract
One of the key tasks of the development of any economic system is to create conditions for sustainable economic growth, innovative development and modernization, which can be ensured by improving the use of attracted resources and available economic potential. In modern conditions the state economic growth rate is slowing down and new barriers to foreign capital are appearing, leading to the fact that since 2015 the Russian economy has been acutely experiencing a shortage of long-term financial resources. The increase in their volumes and improvement of quality indicators will provide long-term functioning of the economic system. The purpose of the study is to consider the theoretical foundations of household savings as a source of attracting "long" money in the Russian economy. They act as the most important domestic investment resource. The implementation of long-term investment by the population has a positive impact not only on ensuring the inflow of financial resources in the economy, but also on the growth of the welfare of the population. The article presents the typology of savings forms on the basis of their organization. An overview of the most popular financial instruments of fundraising is given. A brief characteristic of the mechanism of transformation of savings into investments is given. The conclusion contains conclusions about the improvement of investment mechanisms at the expense of population's savings.
About the Author
A. A. Bogomolova
Vologda Research Center
Russian Federation
Russian Federation
Alyona A. Bogomolova
Vologda
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For citations:
Bogomolova A.A. About the population's savings as a tool of attracting "long" money in the Russian economy. Baltic Economic Journal. 2022;(4(40)):22-37. (In Russ.) https://doi.org/10.46845/2073-3364-2022-0-4-22-37
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