| Issue |
E3S Web Conf.
Volume 208, 2020
First Conference on Sustainable Development: Industrial Future of Territories (IFT 2020)
|
|
|---|---|---|
| Article Number | 03010 | |
| Number of page(s) | 6 | |
| Section | Sustainable Economy | |
| DOI | https://doi.org/10.1051/e3sconf/202020803010 | |
| Published online | 24 November 2020 | |
Creation of a financial mechanism for ensuring sustainable economic growth of business in the context of global challenges
1 Eurasian National University named after L.N. Gumilyov, 010000, Kanysha Satpayeva str, 2A, Nur-Sultan, Kazakhstan
2 Ural State University of Economics, 620144, 8 Marta Str., 62, Ekaterinburg, Russia
* Corresponding author: nspiont@gmail.com
The vector of development of the Russian economy, which is aimed at sustainable economic growth of business, was threatened by unforeseen circumstances - the new coronavirus pandemic, which turned out to be one of the most powerful global external challenges for all leading national economies and the global business community as a whole. To overcome and minimize the consequences of the pandemic in the form of protracted economic crisis, the fall of the Russian currency, slow reproductive processes, a sharp decline in incomes and rise in unemployment, the almost complete stop of activities of business entities and investment processes, it is necessary for a state to take responsibility to stabilize the economy and rapid sustainable growth through the development and prompt implementation of a comprehensive plan for effective emergency measures to support the business, based on the implementation of which the authors propose a financial mechanism for ensuring sustainable economic growth of business.
© The Authors, published by EDP Sciences, 2020
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