Vol. 8, No 4: 225–240.

Economics

 2023

Scientific article

UDK 364.054
pdf-version

Sergei A. Krikunov
bachelor’s degree, Petrozavodsk State University
(Petrozavodsk, Russia),
s.krikun.03@mail.ru

The Role of Philanthropy in Russia's Socioeconomic Development

Scientific adviser:
Tatyana G. Kadnikova
Reviewer:
Andrei V. Chuvak
Paper submitted on: 11/06/2023;
Accepted on: 11/29/2023;
Published online on: 12/01/2023.
 Abstract. This article delves into the significance of charity in the socially-conscious development of the Russian economy, encompassing its effects on education, science, business, social integration, and the alleviation of social tension. The author comes to the conclusion that, within the Russian economy's framework, charity does not have a strategic role, with charitable initiatives merely yielding a minor boost to social capital. However, the author places emphasis on the vital importance of fostering effective partnerships between government agencies and charitable organizations as a key factor in advancing the Russian economy.
Keywords: philanthropy, socially oriented development, public support, social responsibility, charitable foundations, economy, charitable donation, charity project

For citation: Krikunov, S. A. The Role of Philanthropy in Russia's Socioeconomic Development. StudArctic forum. 2023, 8 (4): 225–240.

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