ANALYSIS OF FEDERAL RESERVE SYSTEM FUNCTIONING AND ITS IMPACT ON THE WORLD MONETARY SYSTEM
Journal: International Scientific Journal "Internauka" (Vol.2, No. 59)Publication Date: 2018-11-15
Authors : Korol Maryna; Horynetska Maryna;
Page : 64-69
Keywords : US Federal Reserve System; world monetary and financial system; international economic relations; globalization processes; world economy;
Abstract
The work reviews the history and causes of the creation of the US Federal Reserve as an independent institution of the US monetary system, which today has a significant impact on world economic changes and, in the process of globalization, is one of the main institutions for lending to underdeveloped countries.
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