We show that the parallel magnetic field-induced increase in the critical electron density for the Anderson transition in a strongly interacting two-dimensional electron system is caused by the effects of exchange and correlations. If the transition occurs when electron spins are only partially polarized, additional increase in the magnetic field is necessary to achieve the full spin polarization in the insulating state due to the exchange effects.PACS numbers: 71.10.-w, 71.27.+a, 71.30.+h The metal-insulator transition (MIT) in twodimensional (2D) electron systems, studied experimentally and theoretically in 1970s [1], was declared nonexistent after negative logarithmic quantum corrections to the conductivity had been found (for a review, see Ref.[2]). The reasoning was as follows. In an infinite 2D system, upon decreasing temperature, negative quantum logarithmic corrections to the conductivity will eventually become comparable to the conductivity itself. After this, conductivity will decrease exponentially. Therefore, the system will inevitably become an insulator no matter how high the initial value of the conductivity is. However, it has later been shown both theoretically [3][4][5][6] and experimentally [7,8] that this conclusion may be wrong in 2D systems with strong electron-electron interactions.Since there has been a certain amount of confusion and controversy in the literature regarding the zero-temperature MIT in infinite 2D systems (see, e.g., Ref.[9]), here we will consider a disorder-driven Anderson MIT at finite (although low) temperatures and in finite 2D systems. (As correctly stated in Ref. [10], the question about the true MIT is "a rather academic question as what has actually been measured experimentally corresponds to rather high energy physics".) Attempts to describe the experimentally observed behavior of the critical density for the MIT in silicon metaloxide-semiconductor field-effect transistors (MOSFETs) as a function of a parallel to the interface magnetic field, B, were made by quite a few theoretical groups [10][11][12][13][14][15]. Nevertheless, the satisfactory explanation of experimental results is still absent. Monte Carlo calculations and finite size scaling techniques [10,11] show that the spin polarization in strongly-correlated electron systems favors localization. Using the appraisal Ioffe-Regel criterion to calculate the critical density in the Born approximation with two fitting parameters, the authors of Ref. [12] have achieved a satisfactory agreement with the experiment, but correlation effects have not been taken into account and their negligibility in the case of strong electron-electron interactions has not been established. Doubts in the applicability of the percolation scenario to the transition in Si MOSFETs [13] are expressed in Ref. [12]. The increase of the effective mass with decreasing electron density suggests that the effect of interactions is the dominant driving force for the experimentally observed MIT due to fermion condensation [14] or the Wigner-...