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Article International Organizations of Global Competence in Banking and Related Legal Relations
Authors
ROKSOLANA IVANOVA

Ph. D. in Law, Associate Professor, Associate Professor of International and European Law in Leonid Yuzkov Khmelnytskyi University of Management and Law (Khmelnytskyi, Ukraine) ORCID ID: https://orcid.org/0000-0001-8257-4486 kemenyash.roksolana@gmail.com

 

Name of magazine Legal journal «Law of Ukraine» (Ukrainian version)
Issue 6 / 2022
Pages 117 - 127
Annotation

In this article considers the trends in relations between Ukraine and international financial organizations. In particular, the authors have analysed the cooperation of Ukraine with the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank.

The main purpose has been drawn conclusions about close cooperation of Ukraine and international financial organizations. The relevance of this work is mindful of the fact that in today’s Ukraine isn’t protected from the market situation, as it has developed, both for additional economic factors and for political minds. A significant part of the economic potential of the country at the current stage is being realized by the very beginning of this cooperation with international financial and banking organizations. Looking at the current state of the economy of Ukraine, that political instability, as it is already trying to endure a long period, for her life, it is necessary to support such international organizations as the International Monetary Fund, the European Bank for Reconstruction.

There are several approaches to studying the mechanism of functioning of international political relations. On the one hand, there is a state-legal approach, according to which international political relations are relations of nation-states, their diplomatic and military alliances. On the other hand, in recent years it is gaining a political approach, according to which participants in international political relations are not only relations between states, but also other policies - social institutions of the state. During the last international organizations as the best for the world order within certain regions and other countries of the world.

The relationship between international relations and international organizations is structural and logical in nature, since international organizations, according to the formal-legal approach, are the subjects of international relations, as well as the state and international movements. And if the first international organizations were non-political in nature, in the context of the globalized world and the dominant integration processes, it was the political component that began to play a leading role.

 

Keywords international finance organization; banking system; globalization; legal relations.
References

Bibliography

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