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Finance and Credit
 

International reserves in the balance of payments: theory, methodology, practice: theory, methodology, practice

Vol. 18, Iss. 7, FEBRUARY 2012

Available online: 13 February 2012

Subject Heading: Financial management

JEL Classification: 

Petrikova E.M. PhD in Economics, associate professor of department “Finances and prices”, Russian Economic University named after GV Plekhanov
petrikova@mail.ru

Petrikova S.M. PhD in Economics, associate professor of department “Banking”, Economic University named after G.V. Plekhanov
spetrikova@mail.ru

In the present work the tendencies of development of the international reserve assets and balance of payments before and after the latest global financial crisis are presented. It is satisfied that it’s necessary to work out new suggestions which are covering using reserve assets of the Russian central bank for increasing investment potential of the economy thanks for the operations with the rest of the world based on credit operations of Russian companies into foreign fixed assets and stimulation import of fixed assets from foreign countries.

Keywords: balance of payments, official reserve assets, reserve’s position in IMF, Special Driving Rights

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

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