+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Financial Analytics: Science and Experience
 

Financial resources of international production cooperation: sources of formation and conditions for effective use

Vol. 9, Iss. 4, JANUARY 2016

PDF  Article PDF Version

Received: 5 November 2015

Received in revised form: 22 December 2015

Accepted: 13 January 2016

Available online: 27 January 2016

Subject Heading: FINANCIAL INSTRUMENTS

JEL Classification: F23, F36, L21

Pages: 24-37

Kashbraziev R.V. Financial University under Government of Russian Federation, Moscow, Russian Federation
rkashbra@gmail.com

Importance International production cooperation is regarded as a tool to integrate national companies into Global Production Chains, and make them more competitive and profitable during production internationalization.
     Objectives The research determines sources of finance, probable volume of financial resources of international production cooperation, conditions for their effective use.
     Methods I relied upon a performance-based and systems approach through general scientific methods of theoretical and empirical research. I identify and analyze conditions needed for parties to international production cooperation to be profitable.
     Conclusions and Relevance I present my own financial mechanism for international production cooperation so to raise and effectively use monetary, credit and currency resources for purposes of international production relations and profitable operations of national businesses during production internationalization. The main clauses of the article may prove helpful to devise mechanisms for financial support of foreign economic activities.

Keywords: international cooperation, finance source, financial mechanism, international cooperation rent

References:

  1. Kormnov Yu. Rossiya v mezhdunarodnoi kooperatsii: otsenki effektivnosti [Russia in international cooperation: effectiveness assessment]. Ekonomist = Economist, 2005, no. 10, pp. 24–30.
  2. Liefner I., Hennemann S., Xin L. Cooperation in the Innovation Process in Developing Countries: Empirical Evidence from Zhongguancun, Beijing. Environment and Planning, 2006, vol. 38, no. 1, pp. 111–130.
  3. Sessa C., Ricci A. The World in 2050 and the New Welfare Scenario. Futures, 2014, vol. 58, pp. 77–90.
  4. Kashbraziev R.V. Otkrytost' ekonomiki kak uslovie razvitiya mezhdunarodnoi kooperatsii [Open economy as a condition for international cooperation development]. Vestnik Finansovogo universiteta = Bulletin of Financial University, 2015, no. 4, pp. 122–131.
  5. Allen F., Gale D. Comparing Financial Systems. Cambridge, London, MIT Press, 2001, 520 p.
  6. Anderson S., Cavanagh J. Top 200: The Rise of Corporate Global Power. Washington, Institute for Policy Studies, 2000, 17 p.
  7. 2014 Investment Company Fact Book. Washington, Investment Company Institute, 2015, 294 p.
  8. Luk'yantseva-Yanush N.S., Akinin P.V. Kontseptual'nye aspekty razvitiya finansovykh modelei, mekhanizmov i instrumentov innovatsionnoi deyatel'nosti [Conceptual aspects of developing financial models, mechanisms, and tools for innovative activities]. Vestnik Severo-Kavkazskogo federal'nogo universiteta = Bulletin of North Caucasian Federal University, 2015, no. 1, pp. 125–134.
  9. Strovskii L.E., Krasil'nikov D.V. Povyshenie effektivnosti sotrudnichestva rossiiskikh predpriyatii s zarubezhnymi partnerami [Improving the efficiency of Russian companies’ cooperation with foreign partners]. Izvestiya Ural'skogo gosudarstvennogo ekonomicheskogo universiteta = Izvestia of USUE, 2006, no. 3, pp. 42–47.
  10. Rybets D.V., Savinov Yu.A. Sovremennaya praktika ispolneniya vneshnetorgovykh sdelok [Modern practice of making foreign trade transactions]. Rossiiskii vneshneekonomicheskii vestnik = Russian Foreign Economic Journal, 2012, no. 2, pp. 72–92.
  11. Baumeister C., Zademach H.M. Financing GPNs through Inter-Firm Collaboration? Insights from the Automotive Industry in Germany and Brazil. MDW Working Paper, 2013, no. 21. Available at: Link.
  12. McConnell J., Nantell T. Common Stock Returns and Corporate Combinations: the Case of Joint Ventures. The Journal of Finance, 1985, vol. 40, iss. 2, pp. 519–536.
  13. Kale P., Dyer J., Singh H. Alliance Capability, Stock Market Response, and Long-Term Alliance Success: The Role of the Alliance Function. Strategic Management Journal, 2002, vol. 23, iss. 8, pp. 747–767.
  14. Dyer J., Singh H., Kale P. Splitting the Pie: Rent Distribution in Alliances and Networks. Managerial and Decision Economics, 2008, vol. 29, iss. 2, pp. 137–148.
  15. Kang N., Sakai K. International Strategic Alliances: Their Role in Industrial Globalisation. OECD Science, Technology and Industry Working Papers, 2000, no. 05, 48 p.
  16. Gurkov I.B. Innovatsionnoe razvitie i konkurentosposobnost'. Ocherki razvitiya rossiiskikh predpriyatii [Innovative development and competitiveness. Sketches on the development of Russian companies]. Moscow, Teis Publ., 2003, 236 p.
  17. Kashbraziev R.V., Panasyuk M.V. Krupnye i sotsial'no znachimye predpriyatiya kak faktor razvitiya regional'noi ekonomiki (na primere Respubliki Tatarstan) [Large and public interest entities as drivers of the regional economic growth (evidence from the Republic of Tatarstan)]. Izvestiya RAN. Seriya Geograficheskaya, 2007, no. 6, pp. 53–65.
  18. Shishkov Yu.V. Kooperirovanie v mashinostroenii stran SNG: ne rasshirenie, a svertyvanie [Cooperation in the CIS machine building: curtailment rather than expansion]. Evraziiskaya ekonomicheskaya integratsiya = The Journal of Eurasian Economic Integration, 2008, no. 1, pp. 45–53.
  19. Balynin I.V. Normativno-pravovoe regulirovanie strakhovoi deyatel'nosti v Rossiiskoi Federatsii i za rubezhom [Legal regulation of insurance activities in the Russian Federation and abroad]. Theoretical & Applied Science, 2015, no. 7, pp. 110–117.

View all articles of issue

 

ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 17, Iss. 1
March 2024

Archive