State management of an organization`s activities under sanctions restrictions
Abstract. The article is devoted to the study of measures taken by the state to manage the activities of organizations under sanctions. Sanctions pressure on the Russian economy began back in 2014, but the restrictions of 2022 had a significant impact on the economy due to an unprecedented number of sanctions against the oil and gas, banking, agro-industrial and other sectors. In such conditions, the need for government measures to support individual industries and the economy as a whole increases. The authors systematize the main sanctions imposed on the Russian Federation, examine the response measures taken by the state to stabilize the situation. Special attention is paid to public administration measures in the banking sector, which is determined by its importance in the country`s economy. The areas of support for the banking sector are highlighted, such as easing regulations and capital requirements, stimulating lending, creating preferential conditions for the formation of reserves, etc. The obtained research results can be used to develop effective strategies for maintainingstability and economic development in the face of sanctions.
Keywords: sanctions, government support measures, public administration, banking sector.
Highlights:
- the sanctions imposed on the Russian Federation in 2014-2022 are systematized by sectors of the economy (oil and gas, banking, agro-industrial, etc.);
- the main measures of public administration during the sanctions period are grouped by such sectors of the economy as small and medium-sized enterprises, transport, construction, IT, oil and gas, agro-industrial and financial sectors;
- the measures taken by the Bank of Russia to stabilize the banking sector in the context of the implementation of sanctions risks are systematized in 9 areas to ensure a more complete and structured understanding of the set of measures to prevent the negative effects of sanctions on the banking system.
Aliya A. Gataullina, Azalina B. Kanzafarova, Alina A. Zyabbarova - Kazan (Volga Region) Federal University, Kazan, Russia