Government Support of Export Crediting: Implementation of the OECD Recommendations

Despite the ongoing sanction regimes, the Russian Federation is seeking to enhance the competitiveness of tradable goods and, hence, expand the international trade, increase exports and provide legal support for export crediting as a guarantee for maintaining the active trade balance of the country....

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Main Author: M. V. Melnichuk
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2019-01-01
Series:Управленческие науки
Subjects:
Online Access:https://managementscience.fa.ru/jour/article/view/173
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author M. V. Melnichuk
author_facet M. V. Melnichuk
author_sort M. V. Melnichuk
collection DOAJ
description Despite the ongoing sanction regimes, the Russian Federation is seeking to enhance the competitiveness of tradable goods and, hence, expand the international trade, increase exports and provide legal support for export crediting as a guarantee for maintaining the active trade balance of the country. until now the regulatory framework for export crediting in the Russian Federation is not complete: certain provisions of the Russian and international law related to the area under study need harmonization. In this paper, the author examines the compliance of the terms of the OECD Arrangement on Officially Supported Export Credits with the regulatory framework governing export crediting in the Russian federation. The paper analyzes the Russian legislation, strategic planning documents and in-house documents of organizations that form the national export support system. The analysis revealed the lack of legislative consolidation of export development in the Russian Federation, with regulatory issues reflected in non-core documents. The problem solution lies in improving the regulatory framework for support of export crediting so as to reduce the country risk and enhance the national competitiveness.
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spelling doaj-art-a719a5447a4b4066bcd78e2db028fb7a2025-08-20T03:56:29ZrusGovernment of the Russian Federation, Financial UniversityУправленческие науки2304-022X2618-99412019-01-0184172410.26794/2304-022X-2018-8-4-17-24165Government Support of Export Crediting: Implementation of the OECD RecommendationsM. V. Melnichuk0Financial UniversityDespite the ongoing sanction regimes, the Russian Federation is seeking to enhance the competitiveness of tradable goods and, hence, expand the international trade, increase exports and provide legal support for export crediting as a guarantee for maintaining the active trade balance of the country. until now the regulatory framework for export crediting in the Russian Federation is not complete: certain provisions of the Russian and international law related to the area under study need harmonization. In this paper, the author examines the compliance of the terms of the OECD Arrangement on Officially Supported Export Credits with the regulatory framework governing export crediting in the Russian federation. The paper analyzes the Russian legislation, strategic planning documents and in-house documents of organizations that form the national export support system. The analysis revealed the lack of legislative consolidation of export development in the Russian Federation, with regulatory issues reflected in non-core documents. The problem solution lies in improving the regulatory framework for support of export crediting so as to reduce the country risk and enhance the national competitiveness.https://managementscience.fa.ru/jour/article/view/173export creditinggovernment (state) supportregulatory frameworkpublic debtcorruptioncountry riskincome level
spellingShingle M. V. Melnichuk
Government Support of Export Crediting: Implementation of the OECD Recommendations
Управленческие науки
export crediting
government (state) support
regulatory framework
public debt
corruption
country risk
income level
title Government Support of Export Crediting: Implementation of the OECD Recommendations
title_full Government Support of Export Crediting: Implementation of the OECD Recommendations
title_fullStr Government Support of Export Crediting: Implementation of the OECD Recommendations
title_full_unstemmed Government Support of Export Crediting: Implementation of the OECD Recommendations
title_short Government Support of Export Crediting: Implementation of the OECD Recommendations
title_sort government support of export crediting implementation of the oecd recommendations
topic export crediting
government (state) support
regulatory framework
public debt
corruption
country risk
income level
url https://managementscience.fa.ru/jour/article/view/173
work_keys_str_mv AT mvmelnichuk governmentsupportofexportcreditingimplementationoftheoecdrecommendations