New trends in capital flows in the world and Russia

Abstract

In the aftermath of the global economic crisis of 2008—2009 new trends have emerged in the international capital flows: dynamics, volatility and geography of capital outflow and inflow have changed, the list of countries leading in these outflow and inflow have also changed, national restrictions on the import of capital have increased, international cooperation in monitoring international capital movements has expanded. The COVID-19 crisis and the geopolitical upheavals of 2020—2023 have added new trends to these processes. Russia’s participation in international capital flows has become noticeably smaller due to restrictions on Russian investments abroad and foreign investments in Russia, as well as problems with dynamics of the Russian economy.