Author page: Lydia Krasavina

BRICS Countries: Results of Participating in Globalization of Financial-Economic Regulation

#8. Ideas Change the World
BRICS Countries: Results of Participating in Globalization of Financial-Economic Regulation

The article analyzes a new phenomenon — globalization of financial-economic regulation being implemented by G20, the IMF and the World Bank. This concept, proposed by the author, is wider than interstate financial regulation and is motivated by the new assessment of financial risks as a component of macroeconomic regulation and micro-prudential supervision as a result of the global crisis. The author substantiates a conclusion about effectiveness of the BRICS countries’ participation in globalization of financial-economic regulation on a national basis in the IMF framework and within the World Bank Group (WB), that are reforming the Jamaica world monetary system. Proposed are measures for developing partnership of the BRICS countries in order to increase their representation and role in these global institutions and in creating a new world monetary system.

Prospects for Forming Greater Eurasian Partnership: Interests of Russia and Other Countries — Members of the Eurasian Economic Union

#8. New Year’s Forces
Prospects for Forming Greater Eurasian Partnership: Interests of Russia and Other Countries — Members of the Eurasian Economic Union

The article considers the actual economic interests of Russia and the Eurasian Economic Union in the process of formation of the Great Eurasian partnership in the face of current challenges. An approach is proposed to implement these interests on the basis of an analysis of benefits and risks.