International Financial Centers: The World Experience and Russia’s Opportunities

I. Rozinsky

Voprosy Ekonomiki, 2008, issue 9

Abstract: The author assumes that setting the target of creating an international financial center in Russia is caused by the international competition for maximizing national share in value-added chains in modern industries and for human resources capable of creating the value-added. Having analyzed the historical evolution of international financial centers the author opts for pursuing the aim of turning Moscow into the regional center for the CIS, CEE and / or Middle East countries. To achieve it, some measures are proposed, including motivating international companies and banks to transfer their regional headquarters to Moscow.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2008:id:1348

DOI: 10.32609/0042-8736-2008-9-22-33

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