Suchergebnisse

The issues of the BRICS countries economic cooperation activation are examined in the article in the context of their investment cooperation which produces a synergetic effect inducing the increase in trade and other economic interconnections. The present state of this cooperation and existing problems in the field are analyzed. To improve the investment cooperation effectiveness it is suggested to work out the relevant Road Map for BRICS, also some specific aspects of such work are suggested.

The paper discusses the debt component of the current global crisis, which becomes stronger in 2011—2012. The Russian economy is analyzed in terms of its debt stability: a thorough analysis shows that it is not quite adequate. This paper presents the main problems that could be exacerbated by the global debt crisis (strong dependence of the budget on the volatility of oil prices, deterioration of conditions for external borrowing and overheat of the domestic debt market, too high public pension liabilities, substantial corporate debt and high level of state paternalism in regard to big business). Some measures to address Russian debt policy problems are proposed.

The article analyzes the main features of BRIC's development with regard to the intensifying criticism towards the existing format of this intergovernmental institution. Special emphasis is laid upon Russia's role in BRIC, as well as upon consequences of the 2008–2009 global crisis for each BRIC country. The author draws a conclusion that BRIC as a new informal institute is a reality of international economic and political relations and is of undoubted interest for all its members. For Russia it is important to use the BRIC to advance new international initiatives, as well as for exchange of economic development experience on many key issues.

Russia's financial requirements in respect to foreign countries have considerably lowered during recent years without noticeable return for the country's budget. Different assessments of the value of foreign financial assets are considered in the article and main reasons that have led to their lowering are revealed. The state policy in the field is critically analyzed, alternative variants of increasing the effectiveness of foreign financial assets realization are offered.