Sovereign Debts in the International Financial Market

Globalization of world economy is closely connected with increasing of external debts in the international financial market. In 80-90-s of the last century sovereign external debt crises were associated with developing countries only, however, at present the problem of a rapid growth of the develope...

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Main Author: I. A. Balyuk
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2018-04-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/100
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author I. A. Balyuk
author_facet I. A. Balyuk
author_sort I. A. Balyuk
collection DOAJ
description Globalization of world economy is closely connected with increasing of external debts in the international financial market. In 80-90-s of the last century sovereign external debt crises were associated with developing countries only, however, at present the problem of a rapid growth of the developed countries’ external debt is more vital. The article examines dynamics, structure, specifics and major trends in the external debts of the various countries for the last ten years. The comparative analysis has allowed to evaluate the current state and forecast the prospects of the coming external borrowings of Russia. The article has a hypothesis that a rapid growth of the developed countries’ external debts can provoke a new wave of the world financial and economic crisis. The analysis substantiates the need to stimulate the co-operation between international institutions and national regulators in order to hold a unified financial approach to supervising sovereign debts of the different countries.
format Article
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issn 2220-6469
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publisher Government of the Russian Federation, Financial University
record_format Article
series Мир новой экономики
spelling doaj-art-ad02fc6611e745efa1ba732cd42842302025-08-20T03:00:30ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722018-04-01049097100Sovereign Debts in the International Financial MarketI. A. Balyuk0Financial universityGlobalization of world economy is closely connected with increasing of external debts in the international financial market. In 80-90-s of the last century sovereign external debt crises were associated with developing countries only, however, at present the problem of a rapid growth of the developed countries’ external debt is more vital. The article examines dynamics, structure, specifics and major trends in the external debts of the various countries for the last ten years. The comparative analysis has allowed to evaluate the current state and forecast the prospects of the coming external borrowings of Russia. The article has a hypothesis that a rapid growth of the developed countries’ external debts can provoke a new wave of the world financial and economic crisis. The analysis substantiates the need to stimulate the co-operation between international institutions and national regulators in order to hold a unified financial approach to supervising sovereign debts of the different countries.https://wne.fa.ru/jour/article/view/100international financial marketsovereign external debtregulation of the international debt marketexternal debt of russia
spellingShingle I. A. Balyuk
Sovereign Debts in the International Financial Market
Мир новой экономики
international financial market
sovereign external debt
regulation of the international debt market
external debt of russia
title Sovereign Debts in the International Financial Market
title_full Sovereign Debts in the International Financial Market
title_fullStr Sovereign Debts in the International Financial Market
title_full_unstemmed Sovereign Debts in the International Financial Market
title_short Sovereign Debts in the International Financial Market
title_sort sovereign debts in the international financial market
topic international financial market
sovereign external debt
regulation of the international debt market
external debt of russia
url https://wne.fa.ru/jour/article/view/100
work_keys_str_mv AT iabalyuk sovereigndebtsintheinternationalfinancialmarket