| ID | 090052 |
| Title Proper | World economic crisis |
| Other Title Information | possible scenarios |
| Language | ENG |
| Author | Makushkin, Aleksei |
| Publication | 2009. |
| Summary / Abstract (Note) | The transfer of money and other liquid assets was backed by guarantees of variable-value capital assets where risks were determined privately by private commercial banks. This means that the international circulation of financial assets became virtually privatized and transactions involving them were brought into the civil circulation. It should be noted that the main flows of finance in the latter part of the 20th century were determined by government credits and investments. Thus, it's not only a revolution in financial techniques but also in the legal regime of these transactions. |
| `In' analytical Note | International Affairs (Moscow) Vol. 55, No. 3; 2009: p90-95 |
| Journal Source | International Affairs (Moscow) Vol. 55, No. 3; 2009: p90-95 |
| Key Words | World Economic Crisis ; Global Economic Crisis |