GLOBAL FINANCIAL MARKET: TRANSFORMATION AND IMBALANCES OF INTERNATIONAL CAPITAL

Authors

  • F. I. Arzhaev Russian Academy of National Economy and Public Administration (Moscow, Russian Federation)
  • N. H. Kashaev Ufa University of Science and Technology (Ufa, Russian Federation)
  • S. V. Emelyanov Ufa Branch of the Financial University under the Government of the Russian Federation (Ufa, Russian Federation)

Keywords:

World finance, capital, international obligations, direct investments, financial markets, monetary and financial transactions, economic confrontation, international finance

Abstract

In 2022, there have been changes in the geopolitical, economic, and social situation in the world, which are characterized by the growth of various contradictions. These contradictions have inevitable negative effect on the economic and financial relations among the opposing countries. International capital, as the most important element of the global financial market, is transformed in response to changes in the external environment, which requires reflection by the scientific community, since changes cause imbalances in the usual structure and content of international capital. The object of research is the global financial market. The subject of the study is international capital, as the most important element of the global financial market that determines its development. The purpose of the study is a theoretical analysis of the indicators of international capital characterizing its content and structure. The methodology of the study is an economic and statistical methods of analysis and evaluation. The study provides statistical data on the movement of capital in the countries of the world, Europe, and America. It is concluded that the volume of international capital has fallen in proportion to Russia, but the sufficiency of coverage is quantitatively argued with the current structure of the distribution of sources of coverage of international capital. The conclusion about the predominantly speculative nature of the movement of international capital in the modern world is substantiated. Quantitative data that convincingly demonstrate the stability of the Russian financial system in the current conditions of confrontation with Western countries are presented. It is also confirmed that the United States derives the greatest financial benefit from the current confrontation to the detriment of the economic interests of the European Union.

 

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Author Biographies

F. I. Arzhaev, Russian Academy of National Economy and Public Administration (Moscow, Russian Federation)

PhD in Economics, Senior Expert of the Center for Spatial Economics of the Institute of Applied Economic Research

N. H. Kashaev, Ufa University of Science and Technology (Ufa, Russian Federation)

Senior Lecturer at the Department of International Law and International Relations of the Institute of Law

S. V. Emelyanov, Ufa Branch of the Financial University under the Government of the Russian Federation (Ufa, Russian Federation)

PhD in Economics, Associate Professor of the Department of Philosophy, History and Law

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Published

2023-03-30

How to Cite

Arzhaev Ф. И., Kashaev Н. Х., & Emelyanov С. В. (2023). GLOBAL FINANCIAL MARKET: TRANSFORMATION AND IMBALANCES OF INTERNATIONAL CAPITAL. DISCUSSION | Journal of Scientific Publications on Economic ISSN 2077-7639, 115(6), 39–52. Retrieved from https://discussionj.ru/index.php/polemik/article/view/96

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Section

Economics and management of the national economy

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