Indicator for Russia

B) Case Study

International Financial Institutions play an important role in financial regulation of the world

economy. Using the Internet resources (www.worldbank/org; www.worldbank.org/ibrd;

www.worldbank.org/ida;www.ifc.org;www.miga.org; www.miga.icsid,www.imf.org) substantiate

This statement and present your studies to the group.

Written Practice

Summarize the unit in a paragraph of about 300—350 words.

Preview

Basic notions

Part IIIInternational Movement of Factors of ProductionUnit 11. International Movement

Of

Capital

The subject of this unit is the international flow of capital. capital movement, mig-

We will consider the causes and forms of the capital export,

Nation

Enumerate the main participants of the world capital market, credit lano—

Define the distinctions between d irect and portfolio investments, ilredgn—

Warm-up

Before you start reading the unit think and try to answer the following questions:

1. What is the world capital market? Who are its participants?

Does the capital export slow down the economic growth of the country or serve as a means of

economic expansion?

3. What is the driving force stimulating the capital export?

4. Which categories of the capital export depending upon the form of ownership could you name?

5. Is the entrepreneur the driving force of the economic activity?