Finance and Credit

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Finance and Credit

40(424) - 2010 October

Enhancing the role of financial sector in reforming Russian economy

Vol. 16, Iss. 40, OCTOBER 2010

Available online: 26 October 2010

Subject Heading: Financial policy

JEL Classification:

Petrov M.V. associate professor, Dept. of international monetary relations, Moscow State Institute of International Relations (University) of the MFA of Russia
maxim2769@mail.ru

Plissetsky D.E. senior research fellow, The Institute of Economics of the Russian Academy of Sciences
dplissetskiy@mail.ru

The article examines the ways of enhancing the participation of the domestic financial sector in carrying out structural reforms in Russia and translation of the economy on an innovative path of development. Particular attention is paid to the analysis of opportunities to strengthen the role of internal financial resources in ensuring economic growth.

Keywords: Financial sector, banks, stock market, investments, modernization, restructuring, credit, credit activity, «bad» debts, public-private partnership, guarantee mechanisms, savings, financial resources, securitization, consolidation of the banking capital, institutional investors, international movement of capital, Export-Import Bank, external debt, international financial center

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

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