GLOBAL FINANCIAL SYSTEM: RISKS AND FORECASTS

Abstract

The article is devoted to the analysis of the causes of the series of successively occurring crisis phenomena in the global financial system, the identification of imbalances and financial risks of development at the present stage. The article is dedicated to the evolution of the overall structure of the international financial sector, discusses the role of the euro area financial sector in financing non–financial corporations and analyses interconnectedness across different parts of the financial sector in order to assess possible structural risks to financial stability in the euro area and in the world. definition of existing risks and imbalances in the development of the global financial and economic sphere, as well as the possible directions of their minimization. The purpose of the article is to definition of existing risks and imbalances in the development of the global financial and economic sphere, as well as the possible directions of their minimization.

Keywords

• globalization
• imbalances
• financial risks
• Eurozone
• financial relations.