Analysis Of Russian Capital Flight

Capital flight is one of the important phenomena and influencing factors associated with the financial crisis.The negative effects brought about by the financial crisis have already attracted widespread attention from scholars at home and abroad.In recent years,as capital flight has become a more and more noticeable phenomenon in the international financial field,the study of capital flight has increasingly become a topic of concern to academic circles at home and abroad.Russia is one of the largest economic-transition countries in the world.The problem of capital flight is becoming more serious and Russia has very large number of capital flights in the global financial market.The causes,consequences and other problems involved in Russian capital flight are typical and have attracted wide attention in the international arena.These experiences and lessons are worthy of careful study and reference.With the integration of the world economy,the impact of large-scale international capital flows on a country's economy has become stronger.Capital flight can not only seriously affect a country's domestic economic development,worsen the country's balance of payments environment,but also hve the potential to trigger a financial crisis.Since the beginning of the 21 st century,Russia's economic development has also been relatively volatile.Studying Russian capital flight,countries that are freely convertible and internationalized for other programs have a realistic reference and guiding significance for preventing future capital flight.The adverse effects of capital flight will inevitably lead every country to take very strong measures to prevent the deterioration of capital flight.The government will increase supervision over cross-border capital flows,especially for foreign exchange management and foreign trade management,and will be strictly bound by a series of laws and regulations.However,only by gradually eliminating the root causes of capital flight can we gradually reduce the scale of capital flight.