THE REFORM OF INTERNATIONAL FINANCIAL SYSTEM: MANDATORY REQUIREMENT FOR ACHIEVING SUSTAINABILITY

IVAN TODOROV

 

Abstract

The article proves that international financial system provokes unsustainable development on the global scale. The causes for the global crisis are analyzed and its historical significance is revealed. A reform of the system of international finance is proposed in order to achieve a worldwide sustainability.

 

Key words

global crisis, international financial system, sustainability

 

Full Text: PDF (Bulgarian)