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International Credit Policy of Russia

Author

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  • Boris Aronovich Kheyfets

    (Institute of Economics, Russian Academy of Sciences; Financial University under the Government of the Russian Federation, Moscow, Russia)

Abstract

The paper analyzes the credit policy of Russia and the policy of managing outstanding debts owed by foreign countries to Russia. There are four stages, when there have been significant changes in Russian policy in this area. There is an intensification of credit policy at the present stage, which contributes to the development of foreign trade and investment expansion of Russian companies.Particular attention is paid to the development of credit relations with the CIS countries, primarily with the states of the Eurasian Economic Union. The role of the Eurasian Development Bank in lending to Russia’s partners is growing. It is noted that it is necessary to take into account the mistakes made in the past in the credit policy of the former USSR and Russia itself. It would also be useful to study the experience of the credit policy of China and other foreign countries.

Suggested Citation

  • Boris Aronovich Kheyfets, 2017. "International Credit Policy of Russia," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 7, pages 95-107, July.
    • Handle: RePEc:alq:rufejo:rfej_2017_07_95-107
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    Cited by:

    1. Ivan V. Nikonov & Monika G. Arustamyan & Oskar R. Mukhametov & Anton I. Votinov & Stanislav A. Radionov, 2024. "Transformation of Public Debt Structure by Creditors in Central Asian and South Caucasus Countries," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 8-26, October.

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