IDEAS home Printed from https://ideas.repec.org/a/pdc/jrpieb/v2y2009i2p67-69.html
   My bibliography  Save this article

World financial system in the conditions of crisis and prospects of creation the new reserve currencies

Author

Listed:
  • Maria Pavlova

Abstract

Credit crunch started with US subprime mortgage crisis spread to other parts of the world. Countries across the world call for reforms in international financial system. The author considers that financial crises catalyzes international tendencies to create regional currencies. Also, paper concludes that for Russian Ruble to become a regional currency much efforts need to be done in terms of increasing country’s attractiveness for foreign investors.

Suggested Citation

  • Maria Pavlova, 2009. "World financial system in the conditions of crisis and prospects of creation the new reserve currencies," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 2(2), pages 67-69.
  • Handle: RePEc:pdc:jrpieb:v:2:y:2009:i:2:p:67-69
    as

    Download full text from publisher

    File URL: http://academicpublishingplatforms.com/downloads/pdfs/pieb/volume2/201103162003_22_V2_Maria_Pavlova_RUS_Agreed_L.pdf
    Download Restriction: no

    File URL: http://academicpublishingplatforms.com/article.php?journal=PIEB&number=2&article=27
    Download Restriction: no

    References listed on IDEAS

    as
    1. Isabelle Huault & V. Perret & S. Charreire-Petit, 2007. "Management," Post-Print halshs-00337676, HAL.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    World currency system; financial crisis; reserve currency; regional currency; inflation; new currency creation;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • G01 - Financial Economics - - General - - - Financial Crises

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pdc:jrpieb:v:2:y:2009:i:2:p:67-69. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jaroslav Holecek). General contact details of provider: http://edirc.repec.org/data/pradecz.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.