Identifying the Shadow Component in the Banking Sector
https://doi.org/10.21686/2413-2829-2020-2-180-186
Abstract
The subject of research in the article is the process of shaping the shadow capital in the shadow banking sector.
Its goal is to identify specific features of shadow economic relations leading to shadow capital shaping in the Russian banking sector. During the research such methods as induction, deduction, historic analysis and synthesis were used. The authors define the functional aim of the shadow capital in the Russian banking sector. Firstly, in the short-term period it realizes the key feature of capital as an economic category by bringing short-term profit.
Secondly, in the process of movement and accumulation the shadow capital can be re-invested in illegal business.
Results of the research can be used in national economy, including the shadow banking sector. The authors came to the conclusion that shadow capital functioning has dual nature (positive/negative). Being an entity-object system it has positive side too. The positive side in shadow capital shaping consists in the essence of the economic category of capital, which implies its movement and accumulation.
About the Authors
K. V. Ekimova
State University of Management
Russian Federation
Russian Federation
Ksenia V. Ekimova - Doctor of Economics, Professor, Vice-Rector for Science of the SUM.
99 Ryazansky Avenue, Moscow, 109542.
S. S. Galasova
North Ossetian State University named after Kosta Levanovich Khetagurov
Russian Federation
Russian Federation
Svetlana S. Galasova - Doctor of Economics, Professor, Professor of the Department «Economics and Entrepreneurship» of the NOSU.
44-46 Vatutin Str., Vladikavkaz, Republic of North Ossetia-Alania, 362025.
V. V. Manuylenko
North-Caucasus Federal University
Russian Federation
Russian Federation
Victoria V. Manuylenko - Doctor of Economics, Professor, Professor of the Department «Finance and credit» of the NCFU.
1 Pushkin Str., Stavropol, 355017.
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Review
For citations:
Ekimova K.V., Galasova S.S., Manuylenko V.V. Identifying the Shadow Component in the Banking Sector. Vestnik of the Plekhanov Russian University of Economics. 2020;(2):180-186. (In Russ.) https://doi.org/10.21686/2413-2829-2020-2-180-186
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