THE SPECIFICS OF FINANCIAL RISK FORMATION IN THE RUSSIAN ECONOMY: STRUCTURAL FEATURES, SANCTIONS SHOCKS, AND REGULATORY SPECIFICS
Abstract and keywords
Abstract:
The article is an in-depth analysis of the specifics of the formation of financial risks in the Russian economy, considered in the context of its structural features, pronounced dependence on raw materials and large-scale geopolitical challenges typical for the period 2022-2025. The study is justified by the increased importance of a detailed study of the mechanisms of financial risks during the period of unprecedented sanctions pressure and radical restructuring of the global economic space. The main purpose of the study is to identify the main factors determining the formation of financial risks, as well as to assess the degree of influence of state regulatory instruments on maintaining the stability of the national financial system. The key task is the formation of the author's contribution to the development of approaches to understanding the adaptive processes of the Russian financial sector and unique markers of financial risk management in a situation of significant internal constraints and long-term external impact.

Keywords:
financial risks, the Russian economy, commodity dependence, sanctions pressure, government regulation, the Central Bank, monetary policy, structural transformation, currency risk, inflation risk, credit risk, economic security, oil and gas revenues, fiscal policy, financial stability, the mega-regulator, import substitution, adaptation mechanisms, and systemic risk
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