mgimobusinessМеждународный бизнесInternational Business2949-639XФонд поддержки образовательных инициатив «Новый взгляд»mgimobusiness-67Research ArticleСтатьиВлияние экономических кризисов XXI века на инвестиционные рынки: фондовый рынок, венчур, рынок недвижимости, рынок золота и бриллиантовImpact of economic crises of the XXI century on investment markets: stock market, venture, real estate market, gold and diamond marketГрачеваА. О.GrachevaA. O.

Грачева Анна Олеговна - независимый эксперт

119454, г. Москва, пр. Вернадского, 76

Anna O. Gracheva - Independent Expert

76 Vernadsky Prospect, Moscow, 119454

https://orcid.org/0000-0003-4180-0592ИвашковскийС. Н.IvashkovskyS. N.

Ивашковский Станислав Николаевич - к.экон.н.. доцент кафедры экономической теории

119454, г. Москва, пр. Вернадского, 76

Stanislav N. Ivashkovsky - Ph.D. in Economics. Associate Professor, Department of Economic Theory

76 Vernadsky Prospect, Moscow, 119454

МГИМО МИД РоссииРоссияMGIMO UniversityRussian Federation20242907202401 (7)1943Copyright © Грачева А.О., Ивашковский С.Н., 20242024Грачева А.О., Ивашковский С.Н.Gracheva A.O., Ivashkovsky S.N.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://ibj.mgimo.ru/jour/article/view/67

Инвестиционный рынок - совокупность экономических отношений между продавцом и покупателем инвестиционных услуг. В современных реалиях инвестиции играют важную роль как для мелких, так и для крупных инвесторов. Участники рынка вкладывают денежные средства для получения дохода или сохранения капитала. В данной статье исследуется влияние экономических кризисов на инвестиционную привлекательность различных финансовых рынков: бриллиантов, венчура, золота, недвижимости, а также ценных бумаг. Целью статьи является изучение возможных причин изменения стоимости активов в зависимости от стадии экономического цикла. Главный вывод, который можно сделать, заключается в том, что в условиях максимальной неопределенности инвесторы отдают предпочтение более стабильным и безопасным активам. В связи с этим цена на данные активы резко повышается в кризисные периоды, а потом постепенно снижается либо остается на том же уровне. Более того, необходимо отметить, что каждый из финансовых рынков обладает своими уникальными свойствами. Диверсификация портфеля позволяет сохранить и в незначительной степени приумножить финансовый капитал, несмотря на волатильность, которая прослеживается на всех финансовых рынках.

Investment market is a set of economic relations between the provider and the recipient of investment services. In modern realities, investments play an important role for both small and large investors. Market participants invest money to generate income or preserve capital. This article examines the impact of economic crises on the investment attractiveness of various financial markets: diamonds, venture capital, gold, real estate, and securities. The objective of the article is to look into possible reasons for changes in the value of assets depending on the stage of the economic cycle. The main conclusion that can be drawn is that amid maximum uncertainty, investors opt for more stable and safer assets. Therefore, the value of these assets surges during periods of crisis and then gradually slides or remains flat. Moreover, it should be noted that each of the financial markets has its own unique features. Portfolio diversification allows investors to preserve and slightly increase financial capital regardless of the volatility typical of all the financial markets.

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The authors declare that there are no conflicts of interest present.