Subject. The article investigates the world monetary system and specific aspects of the present stage of its development. Objectives. The purpose is to unveil features of the current stage of the world monetary system development and outline the main directions. Methods. The study draws on principles of historical, logical, and systems approaches, general scientific methods of analysis and synthesis, and comparative analysis. Results. The specifics of the modern world monetary system and directions of its evolution are determined by the specifics of the modern global economy. As alternative directions for further evolution of the world monetary system, we analyzed (1) the increased use of SDR, (2) strengthening the role of gold, (3) creation of a global currency issued by a specially established global central bank or the IMF, (4) the development of multicurrency, i.e. the use of US dollar, yuan, euro as world money. In the current foreign economic conditions, Russia's interests consist in non-inclusion of ruble in any of the emerging currency zones or, more precisely, zones of influence of euro, dollar, yuan. Conclusions. The findings may be used by public authorities, financial market participants, research-and-development, and educational organizations to analyze modern trends in the development of the world monetary system and the international financial market.
Keywords: world monetary system, multicurrency, global currency, currency zone, gold
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