Theory and practical aspects of Internationa settlements. Economic cooperation. Николай Камзин
ctical aspects of Internationa settlements. Economic cooperation
Introduction
Within world economy the dynamic of international economic globalization enables the participants the need for mutual settlement operations, so the problem of organization of settlements is one of the main places for economically active subjects, “экономического человека”[1], in the worlds of В.С. Автономова and system related structural independence[2], than highlights relevance of the topic of research. Especially in a globalized economic space, in the function of transnational structures and scale of their export-import operation and international financial transactions.
The object of this research is international economic relations in aspects of realization mutual transnational financial commitment, international settlements. The level of economic relations has evolved to the point that the mail problem is the reduction of mutual accounts, and this is actually for the subject belonging to the same financial structure, in which, despite the outward unity is constantly being “constructive” talks on how to conduct joint activities and joint projects in the global economy in view of cross-border commercial transactions.
The object of this research is the economic substance of the payment and settlement operations in foreign-economy activity at the present stage of globalization world economic space.
The aim of the present research is to co-based study and analysis of the provisions of economics, international experience, accumulated knowledge on this sphere of social relations, to identify international payments as part of the international monetary and financial relations, to identify current trends of development and regulation of international settlements in the context of globalization.
The achievement of this goal is to solve the following problems:
– research of evolution of the global monetary system as a factor in the development of international monetary and financial relation;
– identifying the essential and form international settlements, the study order of state regulation of international payments;
– identification of risks arising from the international settlement realization, and ways to minimize them;
– research payment in foreign-economy activity at the present stage;
– define the role of banks in international transactions;
– problem and prospects of international settlements evolution in exports and imports of goods and services in context of globalization.
The theoretical and methodological bases of the research were the works of experts. It should identify the works of researcher such as George A. Akerlof, Frederic Bastiat, I. Dunning, Jeffrey A. Frankel, Ricky W. Griffin, F.A. Hayek, Richard Head, John Maynard Keynes, Jeffrey K. Liker, Alfred Marshall, Karl Heinrich Marx, K. Menger, Roger LeRoy Miller, Ludwig von Mises, Herve Moulin, Michael W. Pustay, J.A. Schumpeter, Walter Scott, W. Shakespeare, Vera C. Smith, David D. VanHoose, Bluma Zeigarnik, Д.А. Аксенов, Е.С. Батманова, Г.Н. Белоглазова, М.К. Беляев, И.А. Бланк, О.Т. Богомолов, В.Г. Брюков, Н.В. Букина, Ю.В. Бусловская, Н.А. Бутузова, Н.К. Врагова, Ф.А. Гудков, П.А. Гутынин, С.И. Долгов, Б.Ю. Дорофеев, В.Л. Ерохин, К.В. Карашев, А.П. Киреев, Г.К. Кобахидзе, Н.Д. Кондратьев, Е.В. Копалов, К.Н. Корищенко, О.Г. Королёв, И.И. Кретов, Л.Н. Красавина, В.В. Круглов, С.В. Крахмалев, М.В. Ксенофонтова, О.И. Лаврушина, Д.П. Лиговская, А.Ю. Лисицын, А.С. Мамзина, С.В. Маслов, В.А. Мещеров, А.А. Миннибаева, А.М. Михайлов, В.П. Мозолин, В.Ю. Никитина, С.В. Николюкин, М.В. Образцов, И.В. Перелетова, И.А. Подколзина, Д.В. Половинкин, В.В. Поляков, М.А. Портной, А.И. Потемкин, С. Ремезова, А.А. Рябов, А. Саркисянц, Н.Л. Симутина, С.Б. Смитиенко, Ю.А. Соколов, А. Сочнев, О.П. Строгонова, А.А. Суэтин, П.С. Томилов, И.З. Фархутдинов, Р.Г. Фахретдинов, А.В. Шамраев, Я.С. Яскевич.
Also was used legislation in the field of banking regulation and regulation of foreign trade, official statistical publications of international organization (IMF, WTO), the states, international banks and institutions.
The solutions of these problems in the research performed with a single methodological position, the basis of the research were scientific methods of research: logical, comparative, normative, comprehensive, systematic, specific theoretical approach: an ascent from the abstract to the concrete[3].
In the research were analyzed the practically important problems of the organization of mutual settlements carried out as subjects of international economic cooperation, formulated and justified the following conclusions are brought to the protection of:
– the monetary system at the international level through agreements regulated by sovereigns is the base mechanism of international payments as well as calculations and rates of foreign trade contracts are made in a particular currency, the financial unit;
– the essential of international settlements is that they are a mechanism for balancing the mutual financial obligations arising from international economic co-participants in trade and financial relations;
– a form of international settlements is a way of execution, implementation clearing house, it gradation arises because of the presence aspect of distrust and almost significant risks that require consideration in the implementation of financial obligation, especially relevant on a global scale due to the global interest;
– statements of account relationships are credit institutions, in view of their participation estimated relationship becomes a superstructure of the principal obligation of counterparties;
– justification of our expectations is a source of complacency, but because of multidirectional activity of other subject and expectations are subject to external factors and adjustments required for balancing a set of obstacles in a broad sense, registration and insurance risks;
– financial transactions become largely autonomous nature. The volume of actual turnover of goods and services is much less than the sum of transactions in global financial markets, like the banking multiplier actual turnover of goods creates a lot more turnover of finance;
– principal conductor and the subjects of international payments are the multinational corporations and banks. They concentrate in the hands of capital, scientific potential, technology, and at the same time seeking to monopolize the world's resources. Impact of their activities is extremely contradictory: generate both opportunities and challenges for the global economy;
– the most liquid assets and liabilities – payments on exports of goods and services account for an ever smaller part of the global assets and liabilities, where the crucial role played by various operations with financial instruments, as a result, periodic imbalances of international payments;
The processes of globalization of the economy attracted attention because they are not yet sufficiently studied and evaluated in the aspect of the possible consequences for the international community, individual countries with different levels of economic development and to direct participants in foreign economic activity. These processes can spin out of control and destabilize the system of international payments.
At the present stage of globalization it is evident that their accounting in order to enhance economic efficiency and to counter the negative effects of a globalizing economy. The study of processes of globalization, especially in the financial field and the field of International Settlements has a scientific and practical importance for the optimization strategy, the structure of exports, imports, these processes are as objective reality, it is important to establish benchmarks of economic development to take advantage of the inevitable closer integration into the global economy.
Need, activating the entry of subjects in the calculated ratio is an attribute
1
Автономов В.С. Модель человека в экономической науке. – СПб.: Экономическая школа. 1998. – 230 с.
2
Ван-Хуз Д.Д. Миллер Р.Л. Современные деньги и банковское дело. – М.: ИНФРА-М. 2000. – C. 800.
3
Яскевич Я.С. Методология и этика в современной науке: поиск открытой рациональности. – Минск: БГЭУ. 2007. – С. 33.