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Finance and Credit
 

Diagnostics of the state and identification of tendencies of world financial architecture development

Vol. 15, Iss. 14, APRIL 2009

Available online: 16 September 2009

Subject Heading: Financial systems

JEL Classification: 

Efremenko I.N. candidate of economic sciences, associate professor, Rostov State Economic University “RINKH”
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Specifics of expansion of the present-day world financial crisis necessitate reformation of the world financial architecture (WFA). The research made by the author of the article demonstrates the necessity of WFA reformation in circumstances of globalization processes stirring up. The research resulted in defining of trends of WFA development subject to increase of the role of the state in regulation of the national financial systems.

Keywords: global, finance, crisis, reformation, architecture, stirring up, process, system

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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