The presence of risks emergence problem of socio-political conflict, threats to the preservation of Russian identity in the process of including foreign cultural groups of international migrants in Russian society is a consequence of public administration insufficient efficiency when implementing state migration and national policy. Applying the structural-functional method, the authors study public administration in the external migration sphere for compliance with its essential characteristics. The predominant focus of state management in the migration sphere on ensuring the human resources component of the Russian labor market, as well as on control over migration flows is combined with the state management model shortcomings in the sphere of migrants’ inclusion in the host community. External migration state management should be aimed at solving the socio-economic development problems in Russia and ensuring national security and at the same time should minimize potential risks of social and cultural nature. The authors propose a risk-oriented approach in the migration processes state management, based on a comprehensive consideration of tensions that arise both in the labor market of foreign workers and the foreigners’ inclusion in the Russian society. In order to implement the proposed method, it is advisable to define a single subject of state management, which will be able to exercise authority considering the migration process integrity.

   The purpose of the study is to develop main provisions of the concept of improving customs tariff mechanisms for regulating international trade.

   As the subject of the study, the fundamental elements of the customs mechanisms development concept have been defined: principles, tasks, tools, etc.

   In order to develop competitiveness in the world economy and international trade, it is relevant to adapt to the changing conditions of international business and identify the area where it is necessary to take measures to support it. The necessity of improving customs mechanisms for regulating international trade has been substantiated. The research methodology is based on the scientific literature analysis, comparative analysis, statistical data systematization and analysis. The main study result is the presentation of the concept of the processes of improving customs-tariff mechanisms of international trade and its elements regulation, aimed at increasing the effectiveness of customs-tariff measures for developing international trade in the Eurasian Economic Union member states. The concept proposes directions for systematization and improvement of supranational level customs regulation tools, which remains an important task for the near future, especially in view of changes in the foreign trade of Russian enterprises as a result of the trade conflicts aggravation caused by political and economic relations deterioration between the US, the European Union member states, and Russia. The study results application scope can be determined by a wide range of users, such as government executive authorities and customs service, logistics and commercial companies, as well as the scientific community. In the future, the proposed concept application in practical activities will ensure a business-friendly environment creation in accordance with the requirements of the general trade and customs policy and investments promotion related to the international trade development.

   The article studies the issues of competition development processes scientific support in the Russian power market. Based on the study results and the Russian electric power market current model experience evaluation, conclusions have been drawn about the need for additional research into the competition development in the market with the subsequent development and a new set of scientifically sound measures implementation to create acceptable conditions for competition of its subjects. The market properties in many respects diverge from the properties of markets with developed competition. The market has not yet managed to create any acceptable competition conditions, forming systemic conditions for a noticeable increase in the entrepreneurship efficiency. It is characterized by the presence of serious systemic problems that have a significant negative impact on its subjects functioning efficiency and require solutions. The article analyzes the directions and areas of insufficient scientific study on the issues of market interaction between consumers and electric power producers as important reasons for the the modern Russian power market problems persistence. The paper characterizes the complex of research and design developments for a new package of interrelated science-based measures implementation for competition conditions development in the power market, aimed at bringing its properties closer to the properties of markets with developed competition.

   The purpose of the study is to analyze leasing sustainable development as the main investment mechanism of the Russian agrarian sector technical re-equipment.

   The author uses general scientific methods (analysis and synthesis, economic and statistical methods, graphical methods, etc.). The current state of the domestic agrarian sector technical equipment, the development of agricultural machinery leasing market development, issues and prospects for the use of agrarian leasing at the present stage have been considered. Considering the current situation in the domestic market, decreased prices for agricultural products and outstripping growth of prices for equipment, domestic agricultural producers need systemic state support to maintain the machinery and tractor fleet renewal pace. In conditions of agricultural machinery and investment resources for its reproduction deficit, leasing is one of the effective tools in solving the technical potential of the agricultural sector technical potential strengthening issues. The main promising areas of leasing mechanisms application, contributing to technical re-equipment acceleration in the agricultural sector have been proposed (sustainable development projects, national “green taxonomy”, “green” bonds; agricultural machinery market digitalization development; use of leasing mechanisms for the machinery and technology complexes development as a modern form of joint machinery use in agriculture). The proposed areas will ensure systemic development and acceleration of Russian agrarian sector technical re-equipment.

   The article analyzes the use of financial covenants in international syndicated lending transactions. From a borrower’s point of view, acceptable levels of financial covenants allow to realize the transaction with comfortable conditions for further fulfillment. For lenders, an acceptable level of financial covenants is important for obtaining internal credit approval for participation in the transaction and as a tool for monitoring the credit quality of a borrower when servicing a syndicated loan. The main financial covenants of syndicated loan transactions include restrictions on the following financial ratios of a borrower: net debt/EBITDA, net interest payments/EBITDA, and net debt/equity. Lenders monitor financial covenants through a compliance certificate that a borrower sends to the lending agent on a regular basis. One of the key roles in syndicated lending transactions is played by a loan agent, through whom communications between a borrower and lenders take place. If a borrower violates the financial covenants, the process of obtaining lenders’ consent to a one-time waiver (Waiver Request) or amendment of the loan agreement (Amendment Request) is initiated. The article discusses the main stages of these processes with an indication of the participants’ roles in these processes (borrower, loan agent, lenders, and legal counsel).

   The relevance of the study is justified by the importance of capturing and assessing the financial contagion transmission in crisis for the purposes of identifying risks in the financial market, as well as for the industrial sector management at the micro and macro levels.

   The article applies such an assessment to the largest industrial enterprises in Germany.

   The object of study choice is due to the fact that Germany, on the one hand, has a highly developed industrial sector and, on the other hand, was the most severely affected by the global energy crisis caused by political disagreements at the international level.

   The natural gas market has been chosen as a transmitter of contagion and German industrial companies as a receiver. A brief theoretical review considers the peculiarities of the functioning of the industrial sector of the German economy during the global energy crisis. The dependence of industrial production on natural gas imports has been revealed. The practical section captures financial contagion using the following tests: Forbes-Rigobon, distributional coasymmetry, distributional cocurtosis, and covolatility. A ranking of the industries contagion in Germany has been constructed. It has been found that most of the investigated companies are exposed to contagion from the gas market to a greater or lesser extent. Only three companies showed absolute resistance to contagion: Enbw Energie Baden Wuerttemberg AG, Stemmer Imaging AG, and OHB SE. The light industry, metals and mining were the most affected to the financial contagion, while the construction industry was the least affected.

   The relevance of the study is conditioned by the role and place of profit tax in the regional budgets revenues.

   Unlike other taxes, the profit tax provides for many methods of tax optimization, the use of which will reduce the tax burden on a taxpayer and at the same time reduce regional budgets tax revenues. The state recognizes and accepts tax optimization if it is based on the current tax legislation provisions. Tax optimization means a taxpayer’s activity aimed at reducing tax payments and leading to an increase in the financial result, including the use of all tax benefits, tax exemptions, and other legal advantages provided by the current legislation. The application of some optimization methods depends on a taxpayer themselves, and some other ones depend on the regional authorities, for example, investment tax deduction.

   The purpose of the study is to analyze the practice of profit tax optimization methods application and their impact on budget revenues and organizations income.

   Common research methods have been applied such as analysis and synthesis, generalization, grouping, tabular method, etc. The article is based on the official data of the Federal State Statistics Service of the Russian Federation, the Ministry of Finance of the Russian Federation, and the Federal Tax Service of the Russian Federation, which ensures the reliability of the data used in the study.

   The study analyses the current state and prospects of hydrogen energy and its impact on macro- and microeconomic indicators both development in Russia and in the world as a whole. The article describes the most promising hydrogen production methods as the ne west renewable energy resource such as electrolysis, steam reforming of methane, coal gasification, and pyrolysis. The countries that have achieved the most significant results in scientific development and technological production of hydrogen for its further utilization have been highlighted. Based on the analysis of hydrogen energy development concepts adopted in developed countries (China, Japan, India, and European Union countries), a hydrogen energy development detailed forecast for each country highlighted in the article has been made. Special attention has been paid to the concept of hydrogen energy development in Russia, approved by M. V. Mishustin on August 5, 2021. Possible ways of hydrogen energy development in Russia have been analyzed. A detailed forecast of hydrogen energy development in the world up to 2030 based on the hydrogen raw materials import and export analysis results carried out by the leading countries of the world has been presented. The risks have been listed, as well as the requirements for problem solving in implementing projects to introduce hydrogen into the energy balance of Russia.