Promoting and Supporting International Trade in Russia through Securitization

Authors

  • Andrey Aleksandrovich Bondarenko Russian Foreign Trade Academy
  • Alisa Sergeevna Kuzmina Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412/2072-8042-2023-7-65-74

Keywords:

international trade, financial services, securitization, mortgage, infrastructure bonds, export credit agencies, factoring

Abstract

Securitization is a tool for raising long–term finance, widely applied in international practice. It emerged in the second half of the 20th century as a way for banks to attract funds from third-party investors to expand mortgage lending in the United States. In the XXI century this tool has crossed the previous national and sectoral boundaries. Securitization is currently used to finance infrastructure projects, including international ones, and is also used by export credit agencies for export factoring.

Author Biographies

Andrey Aleksandrovich Bondarenko, Russian Foreign Trade Academy

Candidate of Economic Sciences

 


Work place, position: Russian Foreign Trade Academy, Department of Finance and Monetary Relations, Associate Professor

Alisa Sergeevna Kuzmina, Russian Foreign Trade Academy

Work place, position: Russian Foreign Trade Academy, Faculty of International Finance , 4th year student

Downloads

Published

2024-01-25

How to Cite

Bondarenko, A. A., & Kuzmina, A. S. (2024). Promoting and Supporting International Trade in Russia through Securitization. Russian Foreign Economic Journal, (7), 65–74. https://doi.org/10.24412/2072-8042-2023-7-65-74

Issue

No. 7 (2023)

Section

International trade