RUDN Journal of Law (Dec 2013)
The main direction of the refinancing of the global financial system
Abstract
The article is dedicated to the events of the refinancing of the financial system , which in times of crisis has significantly changed. It's necessary to create a mega-regulator and strengthen banking control at the national level . However, the uneven development of countries and the financial interests of multinational companies won't allow to complete the reorganization of the IMF and the World Bank.