The official (public) and commercial debt in the practice of external borrowing of the states: the ratio and the legal status

 
PIIS013207690004663-1-1
DOI10.31857/S013207690004663-1
Publication type Article
Status Published
Authors
Affiliation: Kikot’ Moscow University of the Ministry of internal Affairs of the Russian Federation
Address: Russian Federation, Moscow
Affiliation: Kikot’ Moscow University of the Ministry of internal Affairs of the Russian Federation
Address: Russian Federation, Moscow
Journal nameGosudarstvo i pravo
EditionIssue 4
Pages135-146
Abstract

The paper deals with the issues of correlation of official and commercial state debt, the criteria for their delineation in the doctrine of international economic law and in the practice of international financial and credit relations; the most important and  significant properties of the external public debt affecting its status are highlighted; a fundamentally new concept of regulation of international financing of states is proposed, suggesting both legal and non-legal forms of it, as well as the "hybrid" status of individual forms of borrowing.

KeywordsInternational Economic Law, International Monetary Fund, sovereign and commercial debt of states, Ukraine's debt to the Russian Federation
Received04.04.2019
Publication date29.04.2019
Number of characters46707
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