Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRP
The urgency of developing new methods for assessing the debt sustainability of the subjects of the Russian Federation is due to the need to form a comprehensive understanding of their financial stability in order to make effective management decisions at the regional and federal levels. The current...
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| Format: | Article |
| Language: | Russian |
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Russian Academy of Entrepreneurship
2025-07-01
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| Series: | Путеводитель предпринимателя |
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| Online Access: | https://www.pp-mag.ru/jour/article/view/2127 |
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| author | V. A. Sakharova S. Ye. Demidova |
| author_facet | V. A. Sakharova S. Ye. Demidova |
| author_sort | V. A. Sakharova |
| collection | DOAJ |
| description | The urgency of developing new methods for assessing the debt sustainability of the subjects of the Russian Federation is due to the need to form a comprehensive understanding of their financial stability in order to make effective management decisions at the regional and federal levels. The current methodology provides an assessment of the solvency of regions and the level of their debt burden, but does not take into account the dynamics of changes in public debt relative to the growth rate of gross regional product (GRP). In accordance with the principles of sustainable borrowing formulated by the International Monetary Fund, the volume of debt obligations should correlate with investment activity, and not only with current budget expenditures. In this regard, improving the methodology for assessing the debt sustainability of regions remains a significant scientific and practical task aimed at ensuring balanced development of territories. |
| format | Article |
| id | doaj-art-e28db4e5821c462eb2c313ded2c24f5a |
| institution | Kabale University |
| issn | 2073-9885 2687-136X |
| language | Russian |
| publishDate | 2025-07-01 |
| publisher | Russian Academy of Entrepreneurship |
| record_format | Article |
| series | Путеводитель предпринимателя |
| spelling | doaj-art-e28db4e5821c462eb2c313ded2c24f5a2025-08-20T03:40:00ZrusRussian Academy of EntrepreneurshipПутеводитель предпринимателя2073-98852687-136X2025-07-01183354610.24182/2073-9885-2025-18-3-35-461784Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRPV. A. Sakharova0S. Ye. Demidova1Financial University under the Government of the Russian FederationFinancial University under the Government of the Russian FederationThe urgency of developing new methods for assessing the debt sustainability of the subjects of the Russian Federation is due to the need to form a comprehensive understanding of their financial stability in order to make effective management decisions at the regional and federal levels. The current methodology provides an assessment of the solvency of regions and the level of their debt burden, but does not take into account the dynamics of changes in public debt relative to the growth rate of gross regional product (GRP). In accordance with the principles of sustainable borrowing formulated by the International Monetary Fund, the volume of debt obligations should correlate with investment activity, and not only with current budget expenditures. In this regard, improving the methodology for assessing the debt sustainability of regions remains a significant scientific and practical task aimed at ensuring balanced development of territories.https://www.pp-mag.ru/jour/article/view/2127debt sustainabilitypublic debtmethodology for assessing debt sustainabilitygdpclassification of regions by level of debt sustainability |
| spellingShingle | V. A. Sakharova S. Ye. Demidova Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRP Путеводитель предпринимателя debt sustainability public debt methodology for assessing debt sustainability gdp classification of regions by level of debt sustainability |
| title | Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRP |
| title_full | Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRP |
| title_fullStr | Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRP |
| title_full_unstemmed | Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRP |
| title_short | Improving the methodology for assessing the debt sustainability of the subjects of the Russian Federation: integrating debt dynamics and GRP |
| title_sort | improving the methodology for assessing the debt sustainability of the subjects of the russian federation integrating debt dynamics and grp |
| topic | debt sustainability public debt methodology for assessing debt sustainability gdp classification of regions by level of debt sustainability |
| url | https://www.pp-mag.ru/jour/article/view/2127 |
| work_keys_str_mv | AT vasakharova improvingthemethodologyforassessingthedebtsustainabilityofthesubjectsoftherussianfederationintegratingdebtdynamicsandgrp AT syedemidova improvingthemethodologyforassessingthedebtsustainabilityofthesubjectsoftherussianfederationintegratingdebtdynamicsandgrp |