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Regular version of the site

17/1 Malaya Ordynka Str., Moscow, 119017
Phone: +7(495)772-95-90*22465
Email: we@hse.ru



School Head — Leonid Grigoryev


Deputy Head — Natalia Supyan


Deputy Head — Olga Klochko



World Economy Section — Petr Mozias


Section of Energy and Raw Material Market — Valery Krukov


International Business Section  — Sergey Lavrov


World Trade SectionAlexey Portanskiy


Section of Global Economic Regulation — Vladimir Zuev


World Finance Section — Vladimir Evstigneev



Book chapter
Explaining G20 and BRICS Compliance

Larionova M. V., Shelepov A. V.

In bk.: Accountability for Effectiveness in Global Governance. Routledge, 2017. P. 195-215.

Working paper
Could the Bank of Russia Implement Strategic Indicators to Improve its Effectiveness?

Larionov A.

Public and Social Policy. WP BRP Series. НИУ ВШЭ, 2017. No. WP BRP 10/PSP/2017.

Regional mechanism of banking regulation in the Eurasian Economic Union: Perspectives

Eduard Dzhagityan, Associate Professor of the School of World Economy, published an article titled: ‘Regionalization of banking regulation as a driving force of the Eurasian financial stability mechanism’ (Journal of Money and Credit (Den’gi i Kredit), No.7, 2017).

The processes of Eurasian regional consolidation and the development of the regional economic mechanism and cooperation imply the mainstreaming of the EAEU (Eurasian Economic Union) member state banks in the integration processes. However, strengthening their integration potential as a factor of financial stability will largely depend on consistency and soundness of the regional model of banking regulation within the ‘mini-Basel III’ concept based on the Basel principles of effective banking supervision along with Basel III prudential standards. Heterogeneity of national regulatory regimes, protectionism-centered regulatory policies, and lack of authority to be duly empowered to coordinate the process of regulatory regionalization do inhibit the development of the Eurasian regulatory mechanism. Dr Dzhagityan concludes that alignment of the national banking regulation mechanisms in the framework of Basel III sweeping regulatory overhaul is the only approach to minimization of systemic risks and ensuring financial stability in the EAEU during the observable time horizon. The author also proposes actions and steps that will optimize the alignment of the EAEU national regulatory regimes.