THE MAIN PROBLEM OF MODERN BANK SYSTEM in DEVELOPING COUNTRIES
Journal Title: Globalization and Business - Year 2017, Vol 4, Issue 4
Abstract
One of the most unsolvable problems for developing countries still remains the drop of their national currency course, it is the result of many factors that take place in economy overall and also of the errors that are committed by the central banks of these countries. All that triggers the impoverishment and decreases the level of earning of population. The central bank should choose floating or fixed currency system, as for developing countries it is extremely important to stabilize the national currency course.
Authors and Affiliations
Nino Kavtaradze
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