State regulation of capital outflow from the country

Abstract

An estimation of the state currency regulation is given in the article. The author has analyzed the prospects of possible currency control to restrict capital outflow from the country. The author concludes that the improvement of currency control, the creation of an integrated accounting and monitoring syste, unified database about possible violations of currency legislation, changes in the system of electronic document interchange are necessary in order to regulate capital outflow from the country. It is impossible to reduce the volume of capital outflow without purposeful, comprehensive and clearly implemented measures of state currency regulation.