Financial and Non-Financial Support of Export

Promotion of domestic companies interests abroad is the main task of economic diplomacy. Promotion of domestic goods and services in foreign markets ensures the coun- try's stable position in the world economy and economic stability within the state. Following economic boost, world trade and es...

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Autor principal:	A. A. Naryshkin
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2021
Materias:	economic diplomacy trade promotion non-financial export support financial export support market analysis tools exhibition support credit insurance. International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/ed287cfcb95c4563bdffa32dc6e5a7a6
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spelling	oai:doaj.org-article:ed287cfcb95c4563bdffa32dc6e5a7a62021-11-23T14:50:42ZFinancial and Non-Financial Support of Export2071-81602541-909910.24833/2071-8160-2021-2-77-72-91https://doaj.org/article/ed287cfcb95c4563bdffa32dc6e5a7a62021-04-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/2839https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099Promotion of domestic companies interests abroad is the main task of economic diplomacy. Promotion of domestic goods and services in foreign markets ensures the coun- try's stable position in the world economy and economic stability within the state. Following economic boost, world trade and especially export growth may ensure not only country's economy growth, but also citizens welfare through mechanisms for reallocating funds. Value-added exports development in Russia has been brought to the rank of one of the key government goals. Russia has an export promotion institutions system. Some institu- tions have long history. Others have been created recently and based on foreign practices. The Russian government has developed the national project "International cooperation and export", it sets the goal to ensure export growth through effective interaction of existing institutions. The article reviews the foreign and domestic practices of export support through financial and non-financial instruments. They include market analysis tools, exhibition support, popu- larizing exports within the country, various export credit and insurance instruments pro- tecting the exporter from political risks in foreign markets. Author analyzes the legislative framework of key support measures and possible ways to improve efficiency by eliminating duplication in various institutions functions. It should provide a synergistic effect boosting their efficiency. The methodology of the study is based on a comprehensive analysis of the modern export promotion institutions system in Russia and abroad, a regulatory analysis of fundamental documents and a comparative analysis of export support measures. The extensive research subject has provided the usage of an interdisciplinary approach covering economic and po- litical research.A. A. NaryshkinMGIMO University Pressarticleeconomic diplomacytrade promotionnon-financial export supportfinancial export supportmarket analysis toolsexhibition supportcreditinsurance.International relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 14, Iss 2, Pp 72-91 (2021)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	economic diplomacy trade promotion non-financial export support financial export support market analysis tools exhibition support credit insurance. International relations JZ2-6530
spellingShingle	economic diplomacy trade promotion non-financial export support financial export support market analysis tools exhibition support credit insurance. International relations JZ2-6530 A. A. Naryshkin Financial and Non-Financial Support of Export
description	Promotion of domestic companies interests abroad is the main task of economic diplomacy. Promotion of domestic goods and services in foreign markets ensures the coun- try's stable position in the world economy and economic stability within the state. Following economic boost, world trade and especially export growth may ensure not only country's economy growth, but also citizens welfare through mechanisms for reallocating funds. Value-added exports development in Russia has been brought to the rank of one of the key government goals. Russia has an export promotion institutions system. Some institu- tions have long history. Others have been created recently and based on foreign practices. The Russian government has developed the national project "International cooperation and export", it sets the goal to ensure export growth through effective interaction of existing institutions. The article reviews the foreign and domestic practices of export support through financial and non-financial instruments. They include market analysis tools, exhibition support, popu- larizing exports within the country, various export credit and insurance instruments pro- tecting the exporter from political risks in foreign markets. Author analyzes the legislative framework of key support measures and possible ways to improve efficiency by eliminating duplication in various institutions functions. It should provide a synergistic effect boosting their efficiency. The methodology of the study is based on a comprehensive analysis of the modern export promotion institutions system in Russia and abroad, a regulatory analysis of fundamental documents and a comparative analysis of export support measures. The extensive research subject has provided the usage of an interdisciplinary approach covering economic and po- litical research.
format	article
author	A. A. Naryshkin
author_facet	A. A. Naryshkin
author_sort	A. A. Naryshkin
title	Financial and Non-Financial Support of Export
title_short	Financial and Non-Financial Support of Export
title_full	Financial and Non-Financial Support of Export
title_fullStr	Financial and Non-Financial Support of Export
title_full_unstemmed	Financial and Non-Financial Support of Export
title_sort	financial and non-financial support of export
publisher	MGIMO University Press
publishDate	2021
url	https://doaj.org/article/ed287cfcb95c4563bdffa32dc6e5a7a6
work_keys_str_mv	AT aanaryshkin financialandnonfinancialsupportofexport
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Financial and Non-Financial Support of Export

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