Modernizing Financial Sphere

Abstract

Basing on the analysis of the system of threshold levels of Russia´s economic security the author presents the mechanism of modernization of financial sphere, its main ingredients: strategic planning, sovereign funds, Pension fund, federal budget, depreciation charges, monetary instruments. The state should form a general plan of modernization, work out its philosophy, stages of the process and on this basis develop the strategy of modernization of economy for 10-15 years.