The impact of the digital revolution on the Russian financial sector development and the results of economic transformation

Abstract

The paper examines the impact of the digital revolution on the development of the Russian financial sector and the results of economic transformation. The authors substantiate the relevance by the fact that new opportunities for digital technologies and new regulatory rules are imposed on a complex international situation and an ambiguous global economic situation and create a very complex background for strategic planning of the development of small and medium-sized financial organizations. The authors built a model of the navigator of strategic approaches, made prerequisites for clarifying the model of the palette of strategies, created a new metamodel of digital transformations of a financial organization, created a new framework for building IT strategies, identified opportunities, limitations and obstacles to the implementation of competitive strategies of financial organizations in the context of digital transformations of the state economy. The directions for the development of digitalization in the banking sector of the Russian Federation are proposed: the introduction of a financial messaging system to reduce the dependence of the banking sector on international organizations, the introduction of regtech, the use of international experience, based on global trends in the use of fintech and digital technologies in general.

Economic risks in the activity of agro-industrial complex enterprises in conditions of import substitution

“…2). And even despite the reorientation of supplies from China due to the energy crisis, prices increased by 1.5-2 times, which naturally led to an increase in the cost of production in the crop sector (the share of plant protection products in the cost of grain accounts for up to 15%, vegetables -up to 18%), while the shortage of plant protection products can lead to a loss of 10.0 to 60.0% of the crop, which in fact is a key manifestation of the economic risk for agribusinesses [3,4].…”

“…these countries do not have sufficient capacities to increase production by 2.5-3 times. For agribusiness, however, blocking the supply of these products can lead to the risk of epizootics and large- scale deaths of animals; in addition, it may spread beyond Russia, which already threatens the European region as a whole [4,5].…”