Russia in global financial system

Igor Alekseevich Balyuk
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Igor Alekseevich Balyuk: Financial university under the Government of the Russian Federation

Russian Foreign Economic Journal, 2016, issue 12, 90-103

Abstract: The article analyzes Russia's importance and role in global finance and prospects for its further integration into the world financial system in view of the anti-Russian sanctions. It is emphasized that Russia's intention to protect national interests in the international arena has turned it into an unacceptable element of the global financial system unofficially regulated by the USA and its allies. In this respect, the author proposes to rectify an interaction of Russia with other members of the global financial system in accordance with its own geopolitical and geoeconomic interests based on the principles of national pragmatism that are described in the article.

Keywords: Russia; global finance; integration; international financial and credit institutions; external sanctions; national interests; financial market; internationalization of rouble. (search for similar items in EconPapers)
Date: 2016
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