Home  Journals  Finance and Credit  9(393) - 2010 March

Development banks in Russia - to take into account foreign experience

Available online: 4 March 2010

Subject Heading: Foreign experience

JEL Classification: 

Development Banks act a structure-forming part in the economy of the successfully developing countries. They direct these countries toward the savings transformation to production and infrastructural investments, support export-import operations, stimulate the development of the house building activity.
     Russian Development Bank (Vnesheconombank) do the activities since 2007. For realizing of its tasks set before it is necessary to study the experience of the countries which have successfully realized programs in creating national development institutions.
     The experience in establishment and functioning of the development banks of Germany and China are described, the first principles of the activity of these institutions are named, and the results of their activity are examined in the article.

Keywords: investment, project financing, international practice, development bank, Germany, China, Vnesheconombank

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

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