Применение секьюритизации денежных потоков в целях финансирования экономического развития

Корпоративные финансы. 2010. № 4(16). С. 65–72.

Есин П. Д.

The presented article describes the justification of major reasons for securitization, followed by the history of future-flow securitizations by the developing countries and the evaluation of the potential for each asset class. Given the sharp rise in workers' remittances to developing countries in recent years and concerns that such flows may not really be good for the recipient countries, the article then examines the role that securitization can play in magnifying the development impact of remittances. In conclusion there is a description of the constraints that inhibit the issuance of debt backed by future-flow receivables and an exploration of the remedial role for public policy.

 

Keywords: инфляция, инновационное финансирование, денежный поток, секьюритизация финансовых активов, securitization of financial assets, innovative financing, international money transfers, диверсифицированные права на платежи, международные денежные переводы, секьюритизация денежных потоков, денежное обращение, международные финансы