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Economic policy and financial resources

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Vol 5, No 2 (2026)
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REGIONAL AND SECTORAL ECONOMY

10-21 29
Abstract

This article examines the systemic relationship between the state of rural areas and the level of regional economic security, using the Republic of Kalmykia as an example. Key mechanisms of influence (food, demographic and labor, financial and budgetary, and infrastructure) are identified, and a comprehensive threat assessment is conducted. Based on an analysis of statistical data for 2023–2025, High interdistrict differentiation, critical desertification of pastures (88.4% with a humus content of <2%), depopulation, and infrastructure degradation were identified in 13 municipal districts. Strategic priorities proposed include the formation of rural agglomerations, adaptive landscape land use, and digital transformation of agricultural management.

22-29 23
Abstract

The article substantiates the need to review the current approaches to the economic assessment of woody forest resources used in determining fees for the use of forests. It is proved that the existing system, based mainly on administratively set rates and an integrated assessment of wood, does not sufficiently take into account the sorting structure of the resource, breed differences, regional conditions and the market value of timber. The author proposes a methodology for the economic assessment of woody forest resources based on a step-by-step calculation of the cost of wood in terms of species and grades using weighted average exchange prices and using a mechanism for accounting for tenant costs for protection, protection, reproduction of forests and afforestation.

30-40 31
Abstract

This article examines one of the most pressing issues in the housing and utilities sector: ensuring the economic security of organizations in the context of digital transformation and systemic reform. The housing and utilities sector is a strategic economic sector, determining the quality of life of the population and the sustainability of regional infrastructure. The aim of this work is to provide a theoretical justification and subsequent development of applied recommendations aimed at improving the effectiveness of threat mitigation tools. The study, based on an analysis of scientific literature, regulatory frameworks, and open industry data, identified the key determinants of economic security threats. The results showed that high levels of fixed asset depreciation (over 50% on average across the country), growing consumer debt (415 billion rubles), and a chronic shortage of investment resources create a threat landscape requiring adequate tools. In this article, the author proposes an original classification of threats (institutional, financial and economic, industrial and technological, and social) and formulates a set of measures for the development of digital and analytical tools. This set includes improving methodological approaches to risk management and implementing big data-based monitoring systems and predictive analytics. The practical significance of the results lies in their potential application to reduce accidents, optimize tariff policies, and improve payment collection without increasing social tensions.

41-52 18
Abstract

This article examines one of the most pressing issues in national security: optimizing the work of law enforcement agencies to combat economic crime. Economic security is a system-forming element of national security, and law enforcement agencies are a key instrument for translating legal norms into practical implementation. The aim of this work is to provide a theoretical, legal, and practical justification for the development of law enforcement mechanisms. The study, based on an analysis of scientific literature, regulatory frameworks, and statistical data from the Russian Ministry of Internal Affairs for 2021–2025, identified key trends in economic crime: the digitalization of criminal practices, an increase in the share of serious and especially serious offenses (from 57.8% to 67.6%), a 46% increase in IT crimes, and a high level of latency. The results showed that traditional organizational and legal mechanisms for combating crime are ineffective in the face of the transformation of crime. In this article, the authors propose and thoroughly substantiate a model of “integrated interaction” that combines a unified digital environment, permanent interdepartmental competence centers, joint personnel training, and shared analytical support. The practical significance of the results lies in their potential application to improve the detection rate of economic crimes, reduce investigation times, and increase the proportion of damages recovered.

53-63 24
Abstract

The article discusses various ways of investing in precious metals available to individuals in the Russian Federation. The advantages and disadvantages of such instruments as impersonal metal accounts (OMS), the purchase of bullion and coins, futures contracts, mutual funds (mutual funds) and ETFs, shares of gold mining companies, as well as modern digital financial assets (CFAs) and tokenized metals are analyzed. Special attention is paid to the comparative analysis of the dynamics of accounting prices for gold, silver, platinum and palladium in 2023-2025, as well as the assessment of investment risks. The conclusion is made about the variety of instruments and the need to take into account individual financial capabilities, goals and risk appetite when choosing an investment strategy. The role of the state in regulating this segment through tax policy and the deposit insurance system was noted.

64-75 24
Abstract

The presented work provides a comprehensive study of the housing and construction market in the Republic of Kalmykia over the period from 2016 to 2024. Despite the existence of numerous publications on the national housing construction issues, the specific features of Kalmykia, which have special socio-economic conditions, remain understudied. Based on the analysis of statistical information, the authors identify the main trends and systemic problems in the industry. It is demonstrated that despite the achievement of maximum housing construction figures in 2023 (142,004 sq. m) and the region’s entry into the top three among the Russian Federation’s constituent entities in terms of real estate market potential, the development of the sector is characterized by instability and internal contradictions. The conclusion is substantiated that the housing sector of the republic is in a phase of systemic crisis. The lack of effective mechanisms for solving the housing problem deepens social stratification, contributes to the migration outflow of the population, and hinders economic growth. Overcoming this situation requires a set of measures that include not only stimulating construction activity, but also increasing the real incomes of citizens, diversifying the regional economy, and modernizing the technological base of the construction industry.

76-84 26
Abstract

State and municipal procurement is an important mechanism for economic development, since the state is the most solvent buyer, a significant part of the funds is distributed in the form of government orders. Digital transformation in the field of public procurement should increase the openness, transparency and efficiency of the entire procurement process, minimize transaction costs for both government customers and suppliers of goods, works and services.

MANAGEMENT

86-94 23
Abstract

This review article examines scholarly opinions on the implementation of digital technologies in financial management. Various approaches and assessments are examined, and international experience is studied. It is noted that one of the key issues is the availability of basic capabilities for the digitalization of the economy. The introduction of digital technologies and modern innovations significantly impacts economic security and the emergence of new challenges and threats.

The author examines key aspects of digital technology implementation and the specifics of their application in financial management. Particular attention is given to blockchain technology, one of the most innovative and promising technologies. According to the author, the use of this technology improves the security of financial transactions.

The advantages and disadvantages of digital technologies in the economy are considered. Scholarly opinions on the possibility of transitioning to new technologies boil down to key challenges, such as the lack of IT infrastructure and IT specialists. The proposed solutions are aimed at improving the legislative framework to meet the challenges of digital transformation. 



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