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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

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Davydova L.V. professor of chair «Finance, monetary circulation, credit and banks», Orel state technical university
1946@orel.ru

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

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)
ISSN 2071-4688 (Print)

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