Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

The Legal Stability as a Factor of Economic and Financial Market Growth: Russia, USA and China

Version 1 : Received: 15 December 2020 / Approved: 17 December 2020 / Online: 17 December 2020 (08:00:57 CET)

How to cite: Chikulaev, R. The Legal Stability as a Factor of Economic and Financial Market Growth: Russia, USA and China. Preprints 2020, 2020120418 (doi: 10.20944/preprints202012.0418.v1). Chikulaev, R. The Legal Stability as a Factor of Economic and Financial Market Growth: Russia, USA and China. Preprints 2020, 2020120418 (doi: 10.20944/preprints202012.0418.v1).

Abstract

Global economy, financial markets and technology are on the verge of moving to a new stage of development – information society. Three major world countries the US, Russia and China will play a leading role in this process. However, the specific development path will depend on many factors, including the stability of legal systems, security of computer and financial technologies, the effectiveness of legislation. The focus of this article is to assess the current condition of the economy the major countries, to identify trends and methods of stabilization of legal systems on the basis of balance of rights and obligations of the business, suggest some methods of objective evaluation of the impact factors of the total taxes, fixed costs and the legal system dynamics on financial indicators.

Subject Areas

economic indicators; financial markets; business rights; law; responsibilities of business; legal stability; information security; factors

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