Information and network instruments of monitoring of financial operations as a part of foreign trade contracts of Eurasian Economic Community Customs Union
RAGOVIK L.V.
Postgraduate student of the Department of “Economics and Finance”,, Rostov State University of Railway Transport
Postgraduate student of the Department of “Economics and Finance”,, Rostov State University of Railway Transport
TERRA ECONOMICUS, 2014, Vol. 12 (no. 2.2),
p. 244-250
The process of open economies arising and forming of integration associa-tions, for example, of the Eurasian Economic Community customs union, Ka-zakhstan and Belarus promoted decrease in possibility of implementation of effi-cient control over transactions, growth of shadow economy expansion of financial flows if economic agents showed opportunistic behavior model. During a period of the Eurasian Economic Community customs union performance, economic agents removed the equity from the financial market of the Russian Federation by using the facilitated procedures of passing of customs control on internal borders. The territory of Kazakhstan acted as a financial corridor for such transactions. There is more behind these transactions, such as not only illicit trafficking in goods and services, but also shadow economy expansion of financial flows. The article offers new instruments and control methods of foreign trade contracts of the Eurasian Economic Community customs union.
Keywords: Custom Union; Eurasian Economic Community customs union; risks; shadow economy expansion; monitoring instruments
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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606
Founder: Southern Federal University
ISSN: 2073-6606