Formation and development of the regional governance system in Russia

The Russian Federation, which experts in the field of regionalistics consider a unique country not only on a European, but also on a global scale, demonstrates not only a huge territory and multiplicity of regions, but also colossal differences in the natural, historical, socio-demographic, economic and political conditions of their development. Since Russia embarked on […]

International credit: concept, principles, functions, types

International credit is the movement of loan capital in the  sphere of international economic relations in commodity or monetary form on the terms of urgency, payment and repayment. The subjects of international credit (lenders and borrowers) can be banks, firms, state institutions, governments, international, regional monetary, financial and credit organizations. International credit arose as one […]

Factors in the development of international economic relations

The formation and development of IER is due to the presence of a number of objective prerequisites at the national and international levels. The prerequisites for the development of IER at the national level include: transition from natural type of management to commodity production; approval of commodity-money relations in order to maximize profits; a qualitative […]