Kazan Federal University Digital Repository

Megaregulator in the Russian financial market: Problems of formation and ways of improvement

Show simple item record

dc.contributor.author Ivanov M.
dc.contributor.author Koch I.
dc.date.accessioned 2018-09-19T21:19:56Z
dc.date.available 2018-09-19T21:19:56Z
dc.date.issued 2016
dc.identifier.issn 1533-3604
dc.identifier.uri https://dspace.kpfu.ru/xmlui/handle/net/143770
dc.description.abstract Actualization of the consolidation of the State Regulatory Authority for Financial Markets is caused by the fact that on 1 September 2013 the Federal Financial Markets Service was abolished in Russia, it was previously responsible for development of the national stock market, and its powers are given to the Central Bank. Thus, a megaregulator of financial markets is based on this institution. The article deals with the specifics of concentration, within one authority, of the powers to regulate the whole domestic financial market against the background of clearly expressed orientation towards the strengthening of the country's vertical of power. Based on the analytical, monographic, statistical, graphical and logical-comparative methods, the neoclassical state methods of influence on the financial markets were investigated; this resulted in the conclusion that at present they are not able to respond effectively to the contemporary challenges. Thus, the conceptual basis of the high-priority state policy for developing financial markets that can effectively and timely respond to the existing and potential threats in conditions of globalization was formulated. The objective necessity of rethinking the liberal regulation methods toward centralization is conditioned by the fact that imbalances in one of the financial markets are able to destabilize the condition in all markets, and it can lead to a systemic crisis both in the financial markets and in the real economy.
dc.relation.ispartofseries Journal of Economics and Economic Education Research
dc.subject Financial institution
dc.subject Financial market
dc.subject Financial regulation
dc.subject Integration
dc.subject Megaregulator
dc.title Megaregulator in the Russian financial market: Problems of formation and ways of improvement
dc.type Article
dc.relation.ispartofseries-issue Specialissue1
dc.relation.ispartofseries-volume 17
dc.collection Публикации сотрудников КФУ
dc.relation.startpage 80
dc.source.id SCOPUS15333604-2016-17-1-SID85019291689


Files in this item

This item appears in the following Collection(s)

  • Публикации сотрудников КФУ Scopus [24551]
    Коллекция содержит публикации сотрудников Казанского федерального (до 2010 года Казанского государственного) университета, проиндексированные в БД Scopus, начиная с 1970г.

Show simple item record

Search DSpace


Advanced Search

Browse

My Account

Statistics