No 4 (2024)

Globalization of world economic relations contributes to the spread of crises between countries, turning local crises into global phenomena. Currently, there is no standardized approach to calculating the indicators of financial crisis identification. This limits significantly the qualitative analysis of the consequences of financial crises and does not allow obtaining a significant positive effect from the implementation of measures of the state financial policy. The key task set by the authors of the study is to develop a standardized approach to identifying financial crises, which will allow the most effective implementation of anti-crisis measures of state regulation of financial relations. The authors made an attempt to study the factors of financial crises, identify patterns of crisis processes in Russia and abroad, assess existing methods for identifying financial crises, substantiate the necessary measures to predict financial crises in order to prevent possible negative consequences. The study identified the key factors of financial crises in different periods of socio-economic development of Russia, among which one can note the lack of liquidity, political instability, stock market volatility, and a significant reduction in investment demand. The authors emphasize that financial crises mainly arise as a result of the impact of exogenous factors, various internal problems just aggravate the course of a crisis caused by external reasons. The authors proposed the method for calculating a generalized indicator of financial crisis identification that can be considered a result of practical significance.

At the present stage of development of the economic space of the Russian Federation under the restrictions associated with the implementation of the special military operation, the industrial sector is the key element for progress. For the successful functioning of the economic system, both the dynamic prospects for industrial growth rates and the stability of these rates are important. On a scale of Russia, the effectiveness of the economy is ensured by the regions. The work deals with assessing the level of sustainable development of regional enterprises of the industrial sector using business statistics indicators. The factors influencing strategic planning and industry management are revealed. The author substantiated the use of business indicators in the analysis of the level of industrial development sustainability in the regional context using the K-means clustering method. The paper presents the author’s vision of the influence of domestic industrial areas and clusters on the assessment of the sustainability level. The author proposed the concept of assessing the levels of sustainable industrial development in regions based on a system of indicators formed from groups of business statistics indicators. Based on quantitative calculations of cluster analysis for the selected business indicators, five groups of regions with different levels of sustainable industrial development are identified. Comparing with a map of industrial territories of Russia and an atlas of industry, the inclusion of regions with industrial zones and clusters in them is analyzed. The identified comparisons reflect the proximity of the conducted assessment of the levels of sustainable industrial development of regions to the real situation. The results obtained can be used both when forming and implementing an industrial policy for each individual region and when creating and managing interregional industrial projects.