Template-Type: ReDIF-Article 1.0 Author-Name: Galina V. Petrova Author-Email: galina.v.petrova@mail.ru Author-Workplace-Name: Financial Research Institute, Moscow 127006, Russia Title: International Legal and Financial Conditions of Implementation by the States of Conversion of External Debts Abstract: In article features of modern international legal regulation of conversion of debts, including with use of financial instruments. International legal and financial mechanisms of implementation are analysed by the states of conversion of external debts. The conclusion is drawn, that it is expedient to use such mechanisms in debt strategy of Russia as it is directed on improvement of position of the state borrower and providing more favorable conditions for the state creditor on repayment of external debts. Classification-JEL: Keywords: conversion of external debts; international legal bases of management of an external debt; conversion and exchange operations, a debt in exchange for investments, use of financial instruments Journal: Finansovyj žhurnal — Financial Journal Pages: 115-122 Issue: 2 Year: 2013 Month: June File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2013/2/statii/2013_02_12.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:130212:p:115-122