About finding a single regulator of world currency

• 발행기관: 한국유통과학회
• 저자명: Orazaly Sabden
• 간행물 정보: 『KODISA ICBE (International Conference on Business and Economics)』2016 International Conference on Business and Economics (ICBE 2016), 483~485쪽, 전체 3쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2016.06.30

영문 초록

Provided that as an equivalent will be capacity it will be necessary for us to calculate security of currencies real actives in which quality in our case capacity acts is taken. It is supposed that such approach will give the chance transition from free to trade equal in rights as in world practice free trade has, first of all, speculative character. Also we believe that control of money supply (М2) could be carried out by competent governmental body on the basis of corresponding articles of Constitutions of the countries. In the event of a crisis, it needs to createa cross-currency reserve Fund. In conclusion, we note that in new capacity the UN should control the "value" of all currencies of the world (filling capacity), and to prevent the formation of the not asset-backed currencies. In this regard, the United Nations should establish an expert monetary Commission which would carry out the examination of correlations of all currencies of the world and their security capacity. The most important thing in this topic is not just replacing one currency with another, itis changing principles of functioning in the financial system. Currency change is needed just to get out of the "shackles" of the us dollar. Now it is necessary to develop rules that will run the entire global financial system and which would not give failure.

목차

Abstract

1. Introduction

2. Methodology

3. Conclusions

References

키워드

Money Supply Currency Monetary Policy Financial System Kazakhstan