Formation and Development of Legal Regulation of Lending to Small and Medium-sized Businesses in Russia
- Authors: Sorokina E.A.1
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Affiliations:
- Financial University under the Government of the Russian Federation
- Issue: Vol 18, No 5 (2022)
- Pages: 88-94
- Section: Articles
- URL: https://journals.eco-vector.com/2541-8025/article/view/546074
- ID: 546074
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Abstract
Purpose. To study the historical aspect of the formation of small and medium-sized enterprises in Russia in order to identify periods of development, trends and legal conflicts. Procedure and methods. Concrete-historical and historical-comparative methods were used in the study of the laws of the development of legislation in relation to the development of SMEs and the legal regulation of concessional lending in various historical periods, which allowed us to identify the main trends characteristic of the development of the SME support infrastructure within the framework of the topic under study. The paper considers the current and important problems of legal regulation of lending to SMEs in the prism of time. The author tries to solve an important task-to identify the features and stages of the formation of state policy in the field of small and medium-sized businesses. Results. As a result, the author draws conclusions about the results of the implementation of state policy in the field of small and medium-sized businesses. The chronological framework of the study covers the beginning of the XX century, the period of the New Economic Policy as the beginning of the organization of entrepreneurial activity in the young Soviet Republic, the middle of the XX century- the beginning of the XXI century. This period is the transition of our state to a market model of the economy, in connection with the adoption of the law «On Self-employment», which legalized entrepreneurial activity in the country, previously criminally prosecuted. The final stage of this period is the adoption of Federal Law No. 209-FZ dated July 24, 2007 «On the development of small and medium-sized businesses in the Russian Federation», which marked the beginning of a qualitatively new stage in the implementation of state policy in the field of small and medium-sized businesses in terms of financial support to small and medium-sized businesses.
About the authors
Elena A. Sorokina
Financial University under the Government of the Russian Federation
Email: easorokina@fa.ru
postgraduate student; Chief Specialist of the Department of Certification of Scientific Personnel Moscow, Russian Federation
References
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