RUSSIA: SEARCHING FOR FRIENDLY-ORIENTED COUNTRIES

Abstract

We are convinced that Russia is not alone in the world. Thus, the theme of our inquiry will be searching for friendly-oriented countries - economically and politically as well. In the first partof article, we present the main dates concerning level of external debts in low-and middle-income countries per capita. First, we describe the compilation of the major components of external debt included in the IDS tables and database and the relationship between them. Then, we focused onfinancial flows, trends in external debt, and other major financial indicators for low-, middle-, and high-income countries. Among those countries with the best indicators, we will be search economically sustainable and politically friendly-oriented countries, as potential partners for Russia.