LOBAL FINANCIAL CRISIS: REASONS FOR ITS ORIGIN AND WAYS FOR SURMOUNTING
Keywords:
Financial crisis, world currency system, Bretton-Wood system, gold-money system, proficit of balance of payments, word reserve assets.Abstract
The paper studies the reasons of the global financial crisis origin, and analyzes the losses the world economy suffers. To surmount the crisis the author suggests that the International Central Bank should be established, and the world international currency as a reserved currency should be introduced replacing dollars. The emission earnings are proposed to be divided among all members of the agreement on introduction of the international reserve currency.
References
Загородній А. Г., Вознюк Г. Л. Фінансово-економічний словник. – Львів: Вид-во Національного університету «Львівська політехніка», 2005. – С. 122.
Швайка М. А. Банківська система України: шляхи реформування і підвищення ефективності. – К.: Парламентське видавництво, 2000. – С. 36.
Шумпетер Й. Теория экономического развития. – М., 1982. – С. 210.
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