Preview

State and municipal management. Scholar notes

Advanced search

Factoring and forfeiting as effective tools for the development of the socio-economic infrastructure of the city

https://doi.org/10.22394/2079-1690-2023-1-2-62-68

Abstract

The article reveals the features of the use of factoring and forfeiting for the development of socio-economic infrastructure at the city level. The principles, directions and factors of application of these tools are defined. Formed reveals the advantages of forfeiting by the exporter and importer. The forfeiting is a tool that allows to develop an anti-crisis strategy in terms of minimizing risks, since the forfeiter takes on all  the risks during forfeiting are determined. As a result, the testing of Russian experience in the implementation of factoring and forfeiting tools in the conditions of the Donetsk People's Republic will contribute to  the development of infrastructure support for the development of the city. 

About the Authors

Ya. V. Obodets
Bashkir Academy of Public Service and Management under the Head of the Republic of Bashkortostan
Russian Federation

Yana V. Obodets – Candidate of Economic Sciences, Associate Professor of the Department of State and Municipal Administration,

Ufa.



Ruslan G. Dudnikov
Donetsk Academy of Management and Public Service
Russian Federation

Ruslan G. Dudnikov – Applicant of the Department of Non-production Management,

Donetsk.



References

1. Vysokinsky L. A., Moroz S. P., Telyukina M. V. The practice of implementing the "factoring" construction in the domestic legal system, the proposal of new approaches to regulating relations. Voprosy ustoichivogo razvitiya obshchestva = Issues of sustainable development of society. 2021;(9):135–139. (In Russ.)

2. Obodets R. V., Obodets Ya. V. Principles of formation of infrastructure provision of the region. Ekonomika stroitel'stva i gorodskogo khozyaistva = Economics of construction and urban economy. 2015;11(1):39–45. (In Russ.)

3. Pokamestov I. E. Factoring: textbook. Moscow: Eurasian Open Institute, 2010. 360 p. // Electronic library system IPR BOOKS: [website]. - URL: http://www.iprbookshop.ru/11105. pp.25-31. ISBN: 978-5-374-00216-4 (In Russ.)

4. Samuseva V. V. Factoring market in Russia and international factoring: the practice of applying factoring operations. Alleya nauki = Alley of Science. 2020;1(8(47)):156–160. (In Russ.)

5. Soldatova A. O. From factoring to forfeiting – from general to particular. Aktual'nye voprosy ekonomicheskikh nauk = Actual issues of economic sciences. 2012;(26). Available from: https://cyberleninka.ru/article/n/ot-faktoringa-k-forfeytingu-ot-obschego-k-chastnomu [Accessed 07 April 2022]. (In Russ.)

6. Panina D. A., Kruglik A. S. Mechanism of action of factoring and forfeiting. Stroitel'stvo. Ekonomika i upravlenie = Construction. Economics and management. 2018;1(29):2–13. (In Russ.)

7. Sysoeva E. F., Zaitseva A. A. Accounts receivable management: stages and tools. In: Theory and practice of functioning of the financial and monetary system of Russia: Collection of articles of the International Scientific and Practical Conference (seventeenth meeting), Voronezh, December 09, 2021. – Voronezh: Publishing and printing Center "Scientific Book"; 2021. P. 220–223. (In Russ.)

8. Shanin I. I., Novikova Z. N. Basic approaches to increasing the liquidity of working capital. Innovatsionnaya ekonomika: perspektivy razvitiya i sovershenstvovaniya = Innovative economy: prospects for development and improvement. 2023;1(67):185–191. (In Russ.)

9. Obodets Ya. V., Dudnikov R. G. City infrastructure development tools. Menedzher = Manager. 2022;3(101):3–10. DOI: 10.5281/zenodo.7248222. (In Russ.)

10. Obodets Ya. V., Pavlyukova A.V. Methodological approaches to ensuring spatial development of the border area. Gosudarstvennoe i munitsipal'noe upravlenie. Uchenye zapiski = State and Municipal Management. Scholar Notes. 2019;(1):136–140. DOI: 10.22394/2079-1690-2019-1-1-136-140. (In Russ.)

11. Dirk Daube, Susann Vollrath, Hans Wilhelm Alfen. A comparison of Project Finance and the Forfeiting Model as financing forms for PPP projects in Germany. International Journal of Project Management. May 2008;26(4):376–387.


Review

For citations:


Obodets Ya.V., Dudnikov R.G. Factoring and forfeiting as effective tools for the development of the socio-economic infrastructure of the city. State and municipal management. Scholar notes. 2023;(2):62-68. (In Russ.) https://doi.org/10.22394/2079-1690-2023-1-2-62-68

Views: 7


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2079-1690 (Print)
ISSN 2687-0290 (Online)