The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 6/2025. Economics and Management.
Irina S. Bukina
Cand. Sci. (Econ.), Leading Researcher, Institute of Economics of the RAS, Moscow, Russia
ORCID: 0000-0002-9289-2899
INVESTMENTS AS A FACTOR IN STRUCTURAL RECONSTRUCTION OF THE RUSSIAN ECONOMY: THE ROLE OF BUDGETARY FUNDS
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This article examines the effects of budgetary financing allocated for the Russian economy structural transformation. Due to the lack of detailed data on consolidated budget expenditures of the Russian Federation, the analysis is based on aggregated indicators of investments financed by budgetary funds. It is shown that budgetary investments do not directly correlate with GDP growth, but they do influence the dynamics of investments financed by organizations’ own funds. Based on the analysis, an assessment of the contributions of individual types of economic activity to the process of structural transformation of the Russian economy is made.
Keywords: budget, fiscal sphere, fiscal stimulus, state program, investment, national projects, structural transformation, technological sovereignty.
JEL: H32, H54, H57
EDN: YBDSEM
DOI: https://doi.org/10.52180/2073-6487_2025_6_24_46
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Manuscript submission date: 07.10.2025
Manuscript acceptance date: 18.11.2025
For citation:
Bukina I.S. Investments as a factor in structural reconstruction of the Russian economy: the role of budgetary funds// Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 6. Pp. 24-46. (In Russ.). https://doi.org/10.52180/2073-6487_2025_6_24_46 EDN: YBDSEM
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