Fundamentals of a sustainable future: Russian and foreign experience in financing critical infrastructure

¹ Belarusian Trade and Economic University of Consumer Cooperatives, 50, Oktyabrya Avenue, 246012 Gomel, Belarus
² Peter the Great St. Petersburg Polytechnic University, 29, Polytechnicheskaya str., 195251 St. Petersburg, Russian Federation
³ Petrozavodsk State University, 33, Lenina, 185910 Petrozavodsk, Russian Federation
⁴ St. Petersburg State University of Economics, 21, Sadovaya street, 191023 St. Petersburg, Russian Federation

^* Corresponding author: a7830298@gmail.com

Abstract

Subject/Topic. Scientific article is devoted to the study of Russian and foreign experience of critical infrastructure financing. Methodology. General scientific (observation, comparison, measurement, analysis and synthesis, method of logical reasoning) and special (static analysis, expert estimates, graphic method) methods were used to prepare the research. Results. The following tasks were solved sufficiently to form reasoned conclusions and inferences: the matrix of critical infrastructure objects from the position of their role in providing sustainable development of the national economy was formed. Conclusions/ Significance. Russian practice shows steady growth of investments into critical infrastructure objects, which is connected with escalation of external challenges and threats on the international scene and political course of leadership to protect national sovereignty in terms of maintaining critical infrastructure objects in serviceable mode. The main place in financing critical infrastructure was taken by the state budget, financial programs of state banks and funds of national development institutions. Application. The results of scientific research can be applied by industry regulators in the formation of forecasts and scenarios of socio-economic development of Russia, as well as in the development of individual strategies for financing critical infrastructure facilities.