Українською | In English
Viche 2013 №10

№10, 2013

The influence of the financial crisis in the countries of EU on improvement of its incomplete formation

The progress in science and technology, the development of information technologies, the rapid increase the rate of people’ travel, goods, services, information, and financial funds - these are the main factors that mostly contributed to the globalization of the world economy. In its turn this phenomenon in combination with significant changes in the functioning of monetary and financial relations led to extremely powerful shifts of the entire international economic system.

Now under conditions of the globalized economy there is an urgent need in formation of a fundamentally different international monetary system which is not tied to a currency unit of one  or a group of countries.

Mykhailo SHCHVAIKA