Ensuring the financial security of the Russian Federation through the development of a national payment system

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Abstract

The article assesses the role of the national payment system (NPS) in the functioning of the economy of the Russian Federation, emphasizing, as well as ensuring its financial stability and preserving the financial sovereignty of the country. The article pays special attention to the key factors determining the impact of the national payment system on the economic security of the country, the formation of financial infrastructure and increasing the competitiveness of the national economy. In the era of globalization, the problem of protecting State sovereignty, especially its economic and financial components, is particularly acute. This largely depends on the State's ability to develop and implement effective sovereign and independent economic and financial policies. In this context, the question of how the Russian Federation can use unprecedented sanctions pressure from Western countries, led by the United States, as a tool to increase the competitiveness of the national economy and protect financial sovereignty, becomes particularly relevant.

About the authors

Yevgenia O. Ievleva

Russian Academy of National Economy and Public Administration under the President of the Russian Federation

Author for correspondence.
Email: evgeni135@yahoo.com

postgraduate student, Institute of Public Administration and Management

Russian Federation, Moscow

Lyudmila I. Kruglyak

Russian Academy of National Economy and Public Administration under the President of the Russian Federation

Email: evgeni135@yahoo.com
ORCID iD: 0000-0002-4571-300X
SPIN-code: 5902-5758

Cand. Sci. (Econ.), Associate Professor, Associate Professor of the Department of Economic Security

Russian Federation, Moscow

Evgeny V. Anishchenko

Lomonosov Moscow State University

Email: ewgenzz@mail.ru
SPIN-code: 4085-5568

Dr. Sci. (Econ.), Associate Professor, Associate Professor of the Department of Economic and Financial Investigations, Higher School of Public Audit

Russian Federation, Moscow

References

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