Open AccessThe Concept of a Development Bank as a Financial Development Institution
Author(s) -
Sergey V. Kuznetsov
Publication year - 2020
Publication title -
ûrist
Language(s) - English
Resource type - Journals
ISSN - 1812-3929
DOI - 10.18572/1812-3929-2020-12-59-67
Subject(s) - institution , financial institution , subject (documents) , state (computer science) , development (topology) , business , accounting , finance , political science , computer science , law , library science , mathematical analysis , mathematics , algorithm
This article considers the concept and searches for the definition of a development bank, which is characterized as a financial institution of development. The author comes to the conclusion, that this institution can be deemed as an instrument of state regulation of the economy and at the same time a subject of law that performs the public functions delegated to it.