worldneweconomyМир новой экономикиThe world of new economy2220-64692220-7872Financial University under The Governtment оf The Russian Federationworldneweconomy-80Research ArticleМИРОВАЯ ЭКОНОМИКАWORLD ECONOMYМировая валютная система: проблемы и пути реформированияInternational monetary system: issues and areas of reformsКузнецоваВ. В.KuznetsovaV. V.vkuz_55@mail.ruМосковский государственный университет им. М.В. ЛомоносоваRussian Federation2016020420181033847Copyright © Кузнецова В.В., 20182018Кузнецова В.В.Kuznetsova V.V.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://wne.fa.ru/jour/article/view/80

В статье рассматриваются проблемы современной мировой валютной системы, обусловленные доминированием доллара, и порождаемые этим риски для стран-участниц, а также предлагаемые меры по их ограничению или устранению. Включение МВФ китайской валюты жэньминьби в валютную корзину СДР (SDR, Special Drawing Rights, специальные права заимствования) стало шагом в сторону формирования новой системы с множеством резервных валют. Решение МВФ носит компромиссный характер. С одной стороны, его обоснованием стали рост доли китайской экономики в мировой экономике и доли китайской валюты во внешнеторговых расчетах. С другой стороны, сейчас китайская валюта не является валютой свободного использования, а ее курс во многом определяется нерыночными методами. Станет ли обновленная мировая валютная система более или, наоборот, менее устойчивой, зависит от множества факторов, включая способность суверенных государств к кооперативному поведению.

The article investigates issues of the modern international monetary system occurred due to dollar’s domination, and relevant forming risks for states members, and exams suggested measures for their elimination and solution. IMF inclusion of renminbi into the SDR currency basket is a step forward creation of the new multi reserve currency system. The IMF’s verdict is a compromise as such. On one side, its compelling reasons include the rising rations of the Chinese economy in world economy, and the Chinese currency in international settlements. On the other side, the Chinese currency is not free usable currency still, and its exchange rate is not governed by market. Whether update world monetary system would obtain additional stability or contrary increase risks depends on many factors including sovereign states’ ability to cooperative behavior.

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The authors declare that there are no conflicts of interest present.