Interdisciplinary Approach to Analysis of Capital Export from Russia

Recently, interest has been increasing in questions of the functioning of the international financial market, which can be explained first and foremost by the dynamic process of the globalization of the world economy, understood as the growing dependence of national economies on this market. It must be noted that the international financial market is complex in structure and consists of three segments: legal (financial dealings conducted within the legislative field); extra-legal (dealings conducted outside the legislative field); and criminal (dealings conducted in violation of the law). Consequently, the globalization of the financial market can cause the spread of extra-legal and criminal economic activity far beyond national boundaries. The recent scandalous discussions of the nature of the capital passing through the Bank of New York and the reports and initiatives of the G-7 members to regulate and monitor international movements of capital illustrate this danger. (This abstract was borrowed from another version of this item.)