Stability of the global financial system as a factor in the post-crisis recovery of the world economy-Reference-Cited by-同舟云学术

Stability of the global financial system as a factor in the post-crisis recovery of the world economy

Published:2023-12-15 Issue:2 Volume:31 Page:282-298
ISSN:2408-8986
Container-title:RUDN Journal of Economics
language:
Short-container-title:Vestn. Ross. univ. družby nar., Ser. Èkon.

Author:

Smirnov Evgeny N.^ORCID

Abstract

The purpose of the study was to assess the adaptability of the global financial system to the crisis phenomena observed in recent years in the world economy. In particular, the key financial risks of the development of the global economy and the opportunities for their neutralization were identified, the role and possibilities of monetary policy in overcoming the current unprecedented inflation were shown, and the possibilities of transition to sustainable growth based on curbing inflation on short-, mediumand long-term trends were identified. development of the world economy. A special role in our study was played by the substantiation and development of mechanisms for the rational management of public debt, which plays a fundamental role for a fair recovery of the world economy.

Publisher

Peoples' Friendship University of Russia

Subject

General Medicine

Reference18 articles.

1. Aturin, V.V., & Grigoryan, K.G. (2014). The crisis of economic science and the interests of the state in the context of financial and economic globalization. Bulletin of the University, 21, 67–70. (In Russ.).

2. Kirillov, V.N., & Miller, Ya.V. (2021). Global value chains in the context of new challenges in the development of the world economy. Russian Foreign Economic Bulletin, 2, 86–97. (In Russ.).

3. Smirnov, E.N., & Karelina, E.A. (2021). Some Aspects of Global Financial Stability in the Context of the Coronavirus Pandemic. Financial Markets and Banks, 2, 43–48. (In Russ.).

4. Smirnov, E.N., & Lukyanov, S.A. (2021). Instability of international trade and approaches to optimal regulation. Manager, 5(12), 21–31. (In Russ.).

5. Araujo, A.P., Ferreira, R., & Funchal, B. (2012). The Brazilian Bankruptcy Law Experience. Journal of Corporate Finance, 18(4), 994–1004.