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Finance and Credit
 

About tendencies and contradictions of development world currency system

Vol. 15, Iss. 31, AUGUST 2009

Available online: 17 September 2009

Subject Heading: World finance

JEL Classification: 

Vozhzhov A.P. professor, Sevastopol national technical university, Ukraine
vozhzhov_ap@mail.ru

Konovalova M. magistry student, Sevastopol national technical university, Ukraine ;

Conformities to law of development of the world currency system and gradual passing to the new state – to the multicurrency system are examined, and also ways of creation of reserved currencies with formation of the proper regional economic unions. The important part of the article is consideration of their economic personal interest in creation of new reserved currencies and concomitant political aspects to it.

Keywords: world currency system, reserved currencies, regional economic unions

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

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