The «Group of Twenty», IMF and EU and Reforming of Global Governance

This article is devoted to the process of reforming the global financial system and world economic organizations since the foundation of the International Monetary Fund at the Bretton Woods Conference in 1944 to present time. Special attention is given to results of cooperation of the IMF and the &q...

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Autor principal: E. J. Il'in
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RU
Publicado: MGIMO University Press 2014
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spelling oai:doaj.org-article:c0dc68c33f2a40649df3d7a34989ea0d2021-11-23T14:50:55ZThe «Group of Twenty», IMF and EU and Reforming of Global Governance2071-81602541-909910.24833/2071-8160-2014-1-34-80-87https://doaj.org/article/c0dc68c33f2a40649df3d7a34989ea0d2014-02-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/12https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099This article is devoted to the process of reforming the global financial system and world economic organizations since the foundation of the International Monetary Fund at the Bretton Woods Conference in 1944 to present time. Special attention is given to results of cooperation of the IMF and the "Group of Twenty"in the context of the world financial crisis 2008-2009. This article mentions the key benchmarks of the historical development of world economy: foundation of the Bretton Woods financial system, rejection of the gold standard at the Jamaica Conference, transition to the floating exchange rates, the wave of crises in the 1990-s, the world financial crisis of 2008-2009. The process of evolution of the IMF within the framework of these global events is considered here. The cooperation of EU, IMF and "Group of Twenty" is considered. The reforms of the IMF and their results are analyzed. The policy of the IMF at different historical stages of its evolution is estimated. As well as it results, the article also deals with the formation and development of the "Group of Twenty". The increasing role of the "Group of Twenty" in the global economic governance and reforming the IMF is considered. Especially is marked the necessity of the further reforms of the IMF and increasing of participation of the "G-20" in the world economic and politic system.E. J. Il'inMGIMO University Pressarticle«группа двадцати»international monetary fund«g-20»international economicworld financial systemfinancial crysiseconomic regulationimf evolutionimf reformingInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 1(34), Pp 80-87 (2014)
institution DOAJ
collection DOAJ
language EN
RU
topic «группа двадцати»
international monetary fund
«g-20»
international economic
world financial system
financial crysis
economic regulation
imf evolution
imf reforming
International relations
JZ2-6530
spellingShingle «группа двадцати»
international monetary fund
«g-20»
international economic
world financial system
financial crysis
economic regulation
imf evolution
imf reforming
International relations
JZ2-6530
E. J. Il'in
The «Group of Twenty», IMF and EU and Reforming of Global Governance
description This article is devoted to the process of reforming the global financial system and world economic organizations since the foundation of the International Monetary Fund at the Bretton Woods Conference in 1944 to present time. Special attention is given to results of cooperation of the IMF and the "Group of Twenty"in the context of the world financial crisis 2008-2009. This article mentions the key benchmarks of the historical development of world economy: foundation of the Bretton Woods financial system, rejection of the gold standard at the Jamaica Conference, transition to the floating exchange rates, the wave of crises in the 1990-s, the world financial crisis of 2008-2009. The process of evolution of the IMF within the framework of these global events is considered here. The cooperation of EU, IMF and "Group of Twenty" is considered. The reforms of the IMF and their results are analyzed. The policy of the IMF at different historical stages of its evolution is estimated. As well as it results, the article also deals with the formation and development of the "Group of Twenty". The increasing role of the "Group of Twenty" in the global economic governance and reforming the IMF is considered. Especially is marked the necessity of the further reforms of the IMF and increasing of participation of the "G-20" in the world economic and politic system.
format article
author E. J. Il'in
author_facet E. J. Il'in
author_sort E. J. Il'in
title The «Group of Twenty», IMF and EU and Reforming of Global Governance
title_short The «Group of Twenty», IMF and EU and Reforming of Global Governance
title_full The «Group of Twenty», IMF and EU and Reforming of Global Governance
title_fullStr The «Group of Twenty», IMF and EU and Reforming of Global Governance
title_full_unstemmed The «Group of Twenty», IMF and EU and Reforming of Global Governance
title_sort «group of twenty», imf and eu and reforming of global governance
publisher MGIMO University Press
publishDate 2014
url https://doaj.org/article/c0dc68c33f2a40649df3d7a34989ea0d
work_keys_str_mv AT ejilin thegroupoftwentyimfandeuandreformingofglobalgovernance
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