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Russia in global financial system

Author

Listed:
  • Igor Alekseevich Balyuk

    (Financial university under the Government of the Russian Federation)

Abstract

The article analyzes Russia's importance and role in global finance and prospects for its further integration into the world financial system in view of the anti-Russian sanctions. It is emphasized that Russia's intention to protect national interests in the international arena has turned it into an unacceptable element of the global financial system unofficially regulated by the USA and its allies. In this respect, the author proposes to rectify an interaction of Russia with other members of the global financial system in accordance with its own geopolitical and geoeconomic interests based on the principles of national pragmatism that are described in the article.

Suggested Citation

  • Igor Alekseevich Balyuk, 2016. "Russia in global financial system," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 12, pages 90-103, December.
    • Handle: RePEc:alq:rufejo:rfej_2016_12_90-103
    as

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