Monitoring The Volatility of Cash Flows to Ensure Sustainable Development of Russian Agriculture

Issue № 9, 2022, article № 7, pages 61-65

Section: Economic mechanism of managing

Language: Russian

Original language title: МОНИТОРИНГ ВОЛАТИЛЬНОСТИ ДЕНЕЖНЫХ ПОТОКОВ ДЛЯ ОБЕСПЕЧЕНИЯ УСТОЙЧИВОГО РАЗВИТИЯ СЕЛЬСКОГО ХОЗЯЙСТВА РОССИИ

Keywords: AGRICULTURE, MONITORING, PUBLIC ADMINISTRATION, CASH FLOWS, VOLATILITY, BANK OF RUSSIA PAYMENT SYSTEM, RISKS, SUSTAINABILITY

Abstract: The study reveals a methodological approach to the organization of monitoring the volatility of cash flows to identify possible problems in the interaction of agricultural actors. The relevance of the study is related to the need for timely application of state regulation tools to maintain the continuity of interaction of agricultural actors in the implementation of various risks. The latter is especially relevant considering the national interest "sustainable development and modernization of agriculture and fisheries and infrastructure of the domestic market", defined in the Doctrine of Food Security of the Russian Federation. Volatility monitoring is proposed to carry out using the available information from the Payment System of the Bank. The Bank of Russia, as the operator of the PS BR, has access to real-time data on the operations of the actors of the Payment System of the Bank. It is possible to promptly analyze the process of interaction of agricultural actors by monitoring the volatility of cash flows. Based on the Shuhart maps, the research determines the boundary values, the intersection of which reflects an increase in the risks of disruption of the stability of the functioning of agricultural actors. It is determined that the volatility of the cash flow in the field of agriculture until 01.01.2024 should be in the range from 0.9 to 35.1%. The exit of the volatility of the cash flow beyond these limits means the emergence of non-standard interaction practices and should be the subject of analysis. Identification of non-standard practices of economic interaction by considering the volatility of cash flows will make it possible to timely apply tools of state influence, allowing supporting agricultural actors. The Bank of Russia, having identified the occurrence of critical levels of cash flow volatility, must provide this information to the Ministry of Agriculture of the Russian Federation, which has the necessary competencies in terms of providing support to agricultural actors.

Authors: Larionov Aleksandr Vitalevich