INTERNATIONAL FINANCIAL INSTITUTIONS’ ROLE IN PROVIDING INTERNATIONAL RESERVES AND FOREIGN CURRENCY LIQUIDITY
Journal Title: Економіка та суспільство - Year 2017, Vol 11, Issue
Abstract
The article examines the activities of international financial institutions and their role in providing international reserves and foreign currency liquidity. The problems of functioning of the IMF as a lender of last resort at the present stage are analyzed. The assessment of international reserves formation of advanced economies and developing countries was conducted. The peculiarities of the activity of the World Bank Group and regional development banks in the investment support of the development of countries are considered. Prospects of the AIIB creation in the modification of the composite of international reserves are defined.
Authors and Affiliations
A. A. Oliinyk
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