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)

The SCO Financial Mechanisms: Risk Analysis and Development Prospects

Authors
Olga G. Lebedinskaya, Svetlana G. Babich, Mikhail V. Karmanov, Sergey S. Shituev
Corresponding Author
Olga G. Lebedinskaya
Available Online December 2019.
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/).

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Volume Title
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)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2019
ISBN
10.2991/icefb-19.2019.6
ISSN
2352-5428
DOI
10.2991/icefb-19.2019.6How to use a DOI?
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  -