Main factors in the development of the worldʼs currency system in the short and long term
Abstract
Purpose: to determine the main factors that will affect currency system development in the short and long term.
Design/Method/Approach (only for empirical papers): historical analysis, comparative analysis, factor analysis, mathematical calculations, forecasting, the author's own contemplation.
Findings: can be used to forecast global and regional financial and economic processes.
Theoretical implications (if applicable): this research was aimed at revealing the key factors that will affect the development of the global monetary system in the short- and long-term.
Practical implications (if applicable): this work can serve as a basis for further research in the direction of the formation of a more efficient and sustainable paper-credit system.
Type of article: theoretical.
Downloads
References
Marco Polo. The Description of the World / Ed. by A. C. Moule, P. Pelliot. — London: G. Rout ledgeand Sons Limited, 1938. T. I. 596 p.
Anykyn A. V. Hlava piataia. Dzhon Lo — avantiuryst y prorok // Yunost nauky: Zhyzn y ydey mыslytelei-эkonomystov do Marksa. 2-e yzd. Moscow: Polytyzdat, 1975. S. 97-114. 384 s.
Ministerstvo finansiv SShA. Available from : https://ticdata.treasury.gov/Publish/mfh.txt
According to the website Trading Economix. Available from : tradingeconomics.com/united-states/money-supply-m2
Jeff Cox. Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs. Available from : https://www.cnbc.com/2022/05/11/cpi-april-2022.html
Rogoff Sees Fed Hiking Rates Up to 5% as Things Are ‘Out of Control’. Bloomberg. Available from : https://www.bloomberg.com/news/articles/2022-05-03/rogoff-sees-fed-hiking-rates-up-to-5-as-things-out-of-control?cmpid%3D=socialflow-twitter-economics
Stiglitz Says US Rate Hikes Killing Economy Won’t Fix Inflation. Bloomberg. Available from : https://www.bloomberg.com/news/articles/2022-05-23/stiglitz-says-us-rate-hikes-killing-economy-won-t-fix-inflation?srnd=premium-europe
According to the website US Energy Information Administration. Available from : https://www.eia.gov
Hryhoryi Kolhanov. Haz y neft pereschytaiut na rubly y evro. Komersant. Available from : https://www.kommersant.ru/doc/4125364
According to the website TheWorldBank. URL: https://data.worldbank.org
Arryhy Dzh. Dolhyi KhKh vek: denhy, vlast y stoky nashoho vremeny / per. s anhl. A. SmyrnovayN. Эdelmana. – Moscow: Terrytoryia budushcheho, 2006.
Aivazov A. Э., Belykov V. A. Matrytsa yndustryalnoi tsyvylyzatsyonnoi volnы. “Sotsyalno-эkonomycheskye problemы sovremennosty: poysky mezhdystsyplynarnыkh reshenyi”: sbornyk nauchnыkh trudov uchastnykov Mezhdunarodnoi konferentsyy “XXIV Kondratevskyechtenyia” / Podredaktsyei V. M. Bondarenko. – Moscow: MOOSYPNNN. D. Kondrateva, 2017. S. 19–26.
Sommers Dzh.: Chto zhdet myrovuiu эkonomyku? Available from : https://me-forum.ru/media/news/1605/
Kobiakov A. Drakon, orel y medved. – Yzborskyi klub, 2016. №6–7(42–43). S. 54–71.
Peter St Onge. SWIFT Sanctions Unlikely to Threaten U. S. Dollar. The Haritage Foundation. Available from : https://www.heritage.org/markets-and-finance/commentary/swift-sanctions-unlikely-threaten-us-dollar.
China Monthly Earnings. CEIC. Available from : https://www.ceicdata.com/en/indicator/china/monthly-earnings
Christopher Hamer. Budget 2021: Innovation funding to support the UK’spositionas a ‘global sciences uper power’. Mathys&Squire. Available from : https://www.mathys-squire.com/insights-and-events/news/budget-2021-innovation-funding-to-support-the-uks-position-as-a-global-science-superpower.
According to the website Holdmaniia – vse pro zoloto. Available from : https://www. goldomania.ru.
Jillian Ambrose. UK electricity from renewables outpaces gas and coal power. The Guardian. Available from : https://www.theguardian.com/environment/2021/jan/28/uk-electricity-from-renewables-outpaces-gas-and-coal-power.
According to the website CPI Inflation Calculator. Available from : https://www.in2013dollars.com.
According to the website kompanii Voima. Available from : https://www.voimagold.com.
Abstract views: 59 PDF Downloads: 52
Copyright (c) 2022 Stanislav Slobodianyk, Oleksiy Grodovsky

This work is licensed under a Creative Commons Attribution 4.0 International License.
The authors agree with the following conditions:
1. Authors retain copyright and grant the journal right of first publication (Download agreement) with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
2. Authors have the right to complete individual additional agreements for the non-exclusive spreading of the journal’s published version of the work (for example, to post work in the electronic repository of the institution or to publish it as part of a monograph), with the reference to the first publication of the work in this journal.
3. Journal’s politics allows and encourages the placement on the Internet (for example, in the repositories of institutions, personal websites, SSRN, ResearchGate, MPRA, SSOAR, etc.) manuscript of the work by the authors, before and during the process of viewing it by this journal, because it can lead to a productive research discussion and positively affect the efficiency and dynamics of citing the published work (see The Effect of Open Access).