DOI: 10.7256/2454-0765.2018.1.26976

Abstract: This research is aimed at analysign the influence of derivative financial instruments (hereinafter referred to as DFI) on the development of the world financial crisis of 2007 - 2008. The researcher focuses on the state of financial markets where the crisis started as well as the actions of the global community and particular states that were undertaken to overcome the crisis. As a consequence of the world financial crisis of 2007 - 2008, financial and nonfinancial institutions all over the world incurred serious damage and loss. Thousands lost their work, the inflation rate boosted up, and the states were unable to perform their obligations. In the course of writing his article Kriger applied such methods as analysis, synthesis, deduction, analogy, formalisation and abstraction. The researches undertaken by experts in different spheres demonstrate that the world financial crisis was the result of complex problems that related to regulation, prediction and analytics on economic markets of different states. Both researchers and analytics repeatedly admitted that DFI were one of the reasons of the world financial crisis. In this research Kriger tries to answer the question about whether the world financial crisis was actually the result of the wrong use of DFI or other factors influenced the economic state of world countries.   

DOI: 10.7256/2454-0633.2017.4.23898

Abstract: This article is dedicated to the problem of termination of the UK membership in the European Union (Brexit) and its implications on economic and political relations between the parties. The importance of Brexit is viewed in the context of legal regulation of the derivatives, which transactions are the intrinsic part of financial markets, as well as comprise a significant percentage of UK’s GDP. Currently, the future of the bilateral relations remains uncertain, and the extent of the negative consequences depends on the final format of cooperation selected by London and Brussels. The author identifies the four most probable models of cooperation with different levels of political and economic integration. The legal mechanism of Brexis along with its impact upon the derivatives market is insufficiently studied in the Russian science. The results of this work can be applies by the scholars specialized on the questions regarding Brexit, relationship between UK and EU, as well as valuable for the researchers of the integration and supranational formations.