WORLD FINANCIAL SYSTEM IN THE CONDITIONS OF CRISIS AND PROSPECTS OF CREATION THE NEW RESERVE CURRENCIES

Credit crunch started with US subprime mortgage crisis spread to other parts of the world. Countries across the world call for reforms in international financial system. The author considers that financial crises catalyzes international tendencies to create regional currencies. Also, paper concludes that for Russian Ruble to become a regional currency much efforts need to be done in terms of increasing country’s attractiveness for foreign investors.


Variant title:
МИРОВАЯ ВАЛЮТНО-ФИНАНСОВАЯ СИСТЕМА В УСЛОВИЯХ КРИЗИСА И ПЕРСПЕКТИВЫ СОЗДАНИЯ НОВЫХ РЕЗЕРВНЫХ ВАЛЮТ
Issue Date:
Oct 15 2009
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 1804-0519 (Print) ISSN 1804-0527 (Online) (Other)
PURL Identifier:
http://purl.umn.edu/94547
Published in:
Perspectives of Innovations, Economics, and Business
Volume 02
Page range:
67-69
Total Pages:
3
JEL Codes:
F33; F53; G01




 Record created 2017-04-01, last modified 2017-08-25

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