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Social investment started to gain popularity all over the world in the last century, yet it still has not received a clear legislative support. This article reviews the practices of legal regulation of social investment, i.e. what legal structures have been created to formalize and regulate this sphere in Russia and worldwide, and identifies mechanisms and functions required to evaluate the actual impact, followed by identifying key areas for improvement.
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I. Smekalin (2023) studied this question.
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