Prospects for the Introduction of the BRICS Single Currency in the Context of the Functioning of the National Russian Currency

Cover Page

Cite item

Full Text

Open Access Open Access
Restricted Access Access granted
Restricted Access Subscription or Fee Access

Abstract

The article is devoted to the study of the introduction of a single currency within the framework of the BRICS. In particular, the issue of the influence of this currency on the functioning of the Russian national currency is being considered. The object of the study is public relations related to the creation of a single currency of the BRICS integration association. This work is an actual study in modern conditions against the background of the active growth of the BRICS and the beginning of the work of the participating countries on the implementation of the single currency project. As a result of the research, the authors comes to the conclusion that the implementation of the BRICS single currency is a significant project for unification, capable of influencing the global economic system in general, as well as individual financial, monetary and economic national indicators of states in particular.

Full Text

Restricted Access

About the authors

Danila V. Antipin

Vladimdir State University named after Alexander and Nikolay Stoletovs

Author for correspondence.
Email: danil.antipin.0303@mail.ru
Russian Federation, Vladimdir

Anastasia I. Filimonova

Vladimdir State University named after Alexander and Nikolay Stoletovs

Email: filimonova_ai508@mail.ru

Cand. Sci. (Law), Associate Professor; associate professor

Russian Federation, Vladimdir

References

  1. Artemov N.M., Sitnik A.A. Countering anti-Russian sanctions in the payment and currency spheres. Actual Problems of Russian Law. 2022. Vol. 17. No. 6 (139). Pp. 48–62. (In Rus.)
  2. Artemov N.M., Arzumanova L.L., Sitnik A.A. Monetary law (financial and legal regulation of the circulation of national and foreign currency in the territory of the Russian Federation): Col. monograph. Moscow, 2011. Pp. 224–225.
  3. Belyakov N.V. Problems of the effectiveness of the functioning of the single currency in the European Union. Public Service. 2018. No. 2. Pp. 97–103. (In Rus.)
  4. Malygeva M.S. Premeditation and disadvantages of a single European valuta. In: Mathematical science and practice: Proceedings of the VIII International Scientific Conference (Krasnodar, July 2020). Krasnodar: Novation, 2020. Pp. 5–9.
  5. Yanishevskaya Ya.A. Theoretical foundations of the single currency and the reasons for the emergence of currency unions in the modern world. Education and Law. 2017. No. 10. Pp. 209–217. (In Rus.)

Supplementary files

Supplementary Files
Action
1. JATS XML