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Development of project financing at a world level - the key factor of crisis overcoming and maintenance of economic growth

Vol. 16, Iss. 27, JULY 2010

Available online: 16 July 2010

Subject Heading: Project finance

JEL Classification: 

Davydova L.V. professor of chair «Finance, monetary circulation, credit and banks», Orel state technical university

Ilin I.V. senior teacher of chair of management, Orel state institute of economy and trade

Structural changes of the financial market in conditions of crisis bring to the forefront a question on the factors defining efficiency of financing. In abstract communication between volume of project financing and parameters of political risk and economic development is investigated. It is drawn a conclusion that in conditions of financial crisis project financing allows to smooth negative influence of the increased risks and consequently can act as a source of economic growth.

Keywords: project financing, financial market, political risk, economic development

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ISSN 2311-8709 (Online)
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