Why Portfolio Capital Left Russia?
In: Mirovaja ėkonomika i meždunarodnye otnošenija: MĖMO, Issue 6, p. 52-60
During the financial crisis which affected Russia in 2008, it became obvious that the role of the portfolio capital flow is much broader than the traditional division into portfolio and direct investments presupposes. In the article, the quantitative evaluation of the capital inflow/outflow from Russia, as well as of its growth rates and the sectoral structure of its recovery, is presented. To solve the problem, the multiplicative analysis is used as the most sensory and suitable in the context of economic instability. The author investigates the crisis situation development in the Russian economy over the last two years, and estimates trends in the portfolio investments sphere.