Dissonations of the modern reform of the World Monetary System in the aspect of global challenges
Abstract
The article is devoted to the analysis of the features of the reform of the world monetary system created in 1976-1978. The transformations of its structural principles –such as the basic standard of SDR, exchange rate regime, management of the activities of its institutional structures - the International Monetary Fund and the World Bank, are considered. The assessment of this reform is given as inertial and incomplete in the context of global imbalances in the global economy and the development of a multipolar model of development of the countries of the world. The proposal on the need for a target orientation, the considered reform to create a new world monetary system, adapted to global challenges and less vulnerable to crisis shocks, is substantiated.
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