ASPECTE MODERNE ALE GLOBALIZĂRII MONETARE
MODERN ASPECTS OF MONETARY GLOBALIZATION

Summary/Abstract: Monetary globalization is a specific form of financial globalization within overall process of economic integration. At the same time, it is a superlative manifestation of trends in internationalization of foreign exchange relations. Its main aspect is the continued development of international currency market. Monetary globalization is linked to contradictory processes, such as currency monopoly and currency polycentrism. The first is related to global domination of a single currency. The second - to emergence and global use of more freely usable currencies. Similarly, the process of currency regionalization is remarkable. Besides, it is important to create a single global currency issued by a world level financial body. All these aspects of the development of monetary globalization are reflected in this article.

• Details
• Contents