Finance and Credit

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Finance and Credit

40(376) - 2009 October

Nature of the Current Global Financial Crisis

Vol. 15, Iss. 40, OCTOBER 2009

Available online: 11 November 2009

Subject Heading: Financial crisis

JEL Classification:

Sazhina M.A. Doctor of Economics, Honoured Professor Moscow State University after M.V. Lomonosov, Professor of the Financial Management Department, college of Civil Service Moscow State University after M.V. Lomonosov
office@spa.msu.ru

The article studies the economical features and idiosyncrasies of the current global financial crisis, it's main stages and the ways to minimise the negative effects of the financial and economic crises. Due attention is paid to the question of Russian prospects in the ongoing global crisis.

Keywords: financial system, financial sector, financial capital, artificial capital, virtual capital, financial innovations, liquidity

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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