The main direction of the refinancing of the global financial system

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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.

About the authors

V A Belov

Peoples’ Friendship University of Russia

Email: rudnfinad@yandex.ru
The Department of Administrative and Financial Law

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