INTERNATIONAL FINANCIAL CENTRES AND THEIR ROLE IN THE MODERN GLOBALIZED WORLD ECONOMY

The article is devoted to the study of the characteristics of the creation, activities and development of international financial centers. It was noted that in the process of the spread of globalization processes the role of international financial centers is being transformed and at the present stage, serving the movement of international financial flows, they are a key component of the mechanism of the global financial system. Modern comprehensive methodologies for evaluating the performance of international financial centers have been analyzed. A critical study of rating positions and a retrospective analysis of the activities of the largest financial centers in the world allowed to justify the specifics of their functioning. It was revealed that the factors that contribute to the transformation of cities into international financial centers include technical progress, the liberalization of international financial transactions, the presence of global financial institutions. The necessity of promoting the development of international financial centers has been substantiated, since it has a positive effect on the country's economy, increases the level of welfare of the population, reduces unemployment. The methodological basis of the study consists of both general scientific and special methods of scientific knowledge: a descriptive-analytical method, analysis and synthesis, methods of quantitative and qualitative comparisons. The informational basis of the article consists of monographic studies and periodical publications of domestic and foreign economic scientists, materials and analytical reports of international consulting companies and analytical centers. The results of the work can be used in further research and practical developments in identifying the features of the functioning of world financial centers, patterns of development of world financial markets, as well as to substantiate the choice of tools and mechanisms to improve the financial system and implement the best world practices in the Ukrainian economy.