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Financial Analytics: Science and Experience
 

Theft and finance in the context of market economy globalization

Vol. 7, Iss. 36, SEPTEMBER 2014

Available online: 25 September 2014

Subject Heading: SHADOW FINANCES

JEL Classification: 

Pages: 18-28

Fetisov V.D. State Research Institute of System Analysis of Audit Chamber of the Russian Federation, Moscow, Russian Federation
Fetisov21@mail.ru

The author emphasizes that the rate of economic growth is the most urgent problem of modern financial theory and practice. The article point out that in the conditions of limited investments, an informal financing assumes the great importance. The thefts occupy a special place in an informal financing. The article describes the author's paradigm of the thefts as a specific financial instrument, and it reveals the mechanism of its functioning and the role of thefts in Russia in the conditions of globalization of the market economy. While concluding the paper, the author offer the proposals aimed at combatting the thefts in the conditions of a modern market economy.

Keywords: finance, informal value flows, theft, shadow management

References:

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  7. Fetisov V.D., Fetisova T.V. Neformal'nye finansy [Informal finance].Nizhny Novgorod, N.I. Lobachevsky State University of Nizhny Novgorod Publ., 2004, 141 p.
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  11. Fetisova T.V. Finansy fizicheskikh lits. Kontseptual'nye osnovy [Finances of individuals. The conceptual foundations: a monograph]. Moscow, Yuniti-Dana Publ., 2012, 231 p.

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ISSN 2311-8768 (Online)
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