Interaction of the banking and real economy sectors in the regional aspect

Abstract

© 2019, Research Trend. All rights reserved. The evolution of economic systems over the past decades indicates the emergence of new trends associated with increased external shocks, volatility in the commodity and financial markets, a slowdown in economic growth, weakening ties of material production with the financial sector, excessive reliance of monetary authorities on the high efficiency of the impact of regulatory measures on financial stability and economic growth, etc. Unfortunately, attempts to stimulate the business activity of regional economic agents have not been sufficient. In this regard, there is an increasing need to search for a new paradigm of relations between key sectors of the economic system based on a scientifically based concept, as well as to determine an indicator characterizing the process of interaction between the banking and real sectors of the economy. The article presents the results of a study of the possibility and expediency of using impact index as an indicator for assessing the interaction process between the banking and real sectors of the economy in individual regions. During the study, this indicator was tested in 8 regions of the Volga region. The article also identifies problems that negatively affect the interaction of two sectors of the economy in the Volga region.