The international comparison of Russian financial center and its foreign competitors

• Main Authors: A Ya Bystryakov, D A Rasskazov
• Format: Article
• Language: English
• Published: Peoples’ Friendship University of Russia (RUDN University) 2014-12-01
• Series: RUDN Journal of Economics
• Subjects: МФЦ; ВВП; рыночная капитализация национальных компаний; рыночная концентрация; биржевой оборот; активы институциональных инвесторов; НПФ; структура денежных накоплений населения
• Online Access: http://journals.rudn.ru/economics/article/view/12206

The article deals with the development indicators of the international financial centre in Moscow. The authors were also made the comparison of the particular development indicators of the domestic financial market against nearest regional competitors - Poland and Turkey, BRICS partners and market-leaders, mainly located in developed countries, such as United Kingdom, USA, Switzerland, Japan, Singapore. The analysis of the institutional investors’ assets was made in the international context. The research results are based on the unbiassed calculations, giving an opportunity to expose the development gap between national financial centre in Russia with the international rivals eliminating the subjective estimates of the foreign experts.