The purpose of study is to assess an impact of the capital flight on the Russian economy and to identify the factors, which stipulate returning the capital to the Russian Federation. | Does Russia overcome the processes of capital flight economy International Journal of Management IJM Volume 11 Issue 5 May 2020 pp. 160-169 Article ID IJM_11_05_015 Available online at http ijm JType IJM amp VType 11 amp IType 5 Journal Impact Factor 2020 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 DOI IAEME Publication Scopus Indexed DOES RUSSIA OVERCOME THE PROCESSES OF CAPITAL FLIGHT ECONOMY Viacheslav A. Andreev Associate Professor Department of Economics and Management Vladivostok State University of Economic and Service Vladivostok Gogolya 41 the Russian Federation. Tat ayna V. Varkulevich PhD in Economic Sciences Head of the Department of Economics and Management Vladivostok State University of Economic and Service Vladivostok Gogolya 41 the Russian Federation. Ekaterina V. Sultanova PhD in Social Sciences Associate Professor at the Department of Economics and Management Vladivostok State University of Economic and Service Vladivostok Gogolya 41 the Russian Federation. Corresponding Author Email andreev_va@ ABSTRACT The purpose of study is to assess an impact of the capital flight on the Russian economy and to identify the factors which stipulate returning the capital to the Russian Federation. Analysis shows in 2019 the share of public external debt denominated in the national currency was continuing to increase. External debt of the private sector has changed slightly that is probably due to a pressure of sanctions against Russian companies which impose a restriction of access to affordable sources of capital. Presumably that if the sanctions pressure continues this may stipulate a precondition for repatriation of capital. Made a prognosis that by 2025 capital flows from the offshore zone in Cyprus may reach billion USD. Therefore it might assist Russia s attempts to overcome the ongoing process of flight of capital and turning it to an .
