Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/105346
Authors: 
Cerovic, Slobodan
Petrovic, Pero
Cerovic, Stanislav
Year of Publication: 
2013
Citation: 
[Journal:] UTMS Journal of Economics [ISSN:] 1857-6982 [Volume:] 4 [Year:] 2013 [Issue:] 2 [Pages:] 187-199
Abstract: 
The emergence and deepening global economic crisis is in large part reflected in the operation of international financial institutions and their current structure. Long-term financial crisis has increased demands for decisive reform moves in operating and structure of the IMF, World Bank Group and other global and regional financial institutions. This means that so far the results of their policies are inadequate and that their role is subject to critical observation. The crisis has imposed the need to reform international financial institutions and new global financial architecture. Changes in their structure and operation should lead to global economic stability. Members of the Euro zone are faced with a new attitude towards the international financial institutions, particularly the International Monetary Fund. Proclaimed missions of International Monetary Fund and World Bank clearly differ in theory, but with the passage of time their activities have become increasingly intertwined.
Subjects: 
The Economic crisis
impact changes
structure functioning
financial institutions.
JEL: 
G01
G2
Document Type: 
Article
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