The SCO Financial Mechanisms: Risk Analysis and Development Prospects
- DOI
- 10.2991/icefb-19.2019.6How to use a DOI?
- Keywords
- SCO; Interbank Consortium; SCO Bank; development; demand; financial resources
- Abstract
The Shanghai Cooperation Organization is one of the leading security organizations in the world; still, the current changes in the global integrational processes dictate the necessity of introduction of the financial components in every integration initiative. Hence, the analysis of the prospects of the SCO financial mechanisms contributes greatly to the development of its potential to fulfil its tasks. For now, the only financial organization under SCO is the Interbank Consortium, but the SCO Bank is actively discussed. The article concentrates on the research of the hypothetic demand for the SCO Bank in Asia and its possible role in the development of the Asian countries with respect to the SCO mission of securing peace and security in the region.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Olga G. Lebedinskaya AU - Svetlana G. Babich AU - Mikhail V. Karmanov AU - Sergey S. Shituev PY - 2019/12 DA - 2019/12 TI - The SCO Financial Mechanisms: Risk Analysis and Development Prospects BT - Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019) PB - Atlantis Press SP - 21 EP - 24 SN - 2352-5428 UR - https://doi.org/10.2991/icefb-19.2019.6 DO - 10.2991/icefb-19.2019.6 ID - Lebedinskaya2019/12 ER -