Economics and management of national economy

Indicators of Convergence Assessment of Real and Banking Sectors of the Economy

Economic Annals-XXI

Economic Annals-ХХI: Volume 157, Issue 3-4(1), Pages: 50-52

Citation information:
Obukhova, A., & Ostimuk, O. (2016). Indicators of Convergence Assessment of Real and Banking Sectors of the Economy. Economic Annals-XXI, 157(3-4(1)), 50-52. doi: https://doi.org/10.21003/ea.V157-0015

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Anna Obukhova
PhD (Economics),
Associate Professor,
Finance and Credit Department,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russia
obuhova_anna@inbox.ru

Oleg Ostimuk
Lecturer,
Finance and Credit Department,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russia
oleg-ostimuk@yandex.ru

Indicators of convergence assessment of real and banking sectors of the economy

Abstract. In modern conditions, the major prerequisite of economic and social development of the country is the sustainable growth of the national economy, which is why the improvement of the efficiency of all the sectors functioning is of great importance. The effectiveness of cooperation of real and banking sectors of the economy can be assessed in two ways – through the assessment of quality and profitability of enterprises and organizations for which banking services are being provided by commercial banks (mostly crediting), and from the standpoint of businesses and organizations through the assessment of the efficiency of bank loans usage as a source of enterprises’ financing. The diversity of the forms of real and banking sectors interaction is determined by the objective interdependence of their development. Interdependence and convergence of real and banking sectors of the economy has been determined by the developed macroeconomic indicators (ConverS). The approbation of methodology has been realized for the Russian economy for the years of 2010-2015. As a result, we can suggest the creation of a sustainable development strategy for real and banking sectors of the economy based on the effect of convergence.

Keywords: Banking Sector; Real Sector; Convergence Effect

JEL Classification: E44; G21

Acknowledgement. The research is financed by the Russian Foundation for Humanities. Grant No. 15-32-01389, project «Strategy for the Development of Real and Banking Sectors of the Economy Based on the Effect of Convergence».

DOI: https://doi.org/10.21003/ea.V157-0015

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Received 18.02.2016

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