INTRODUCTION CURRENCY FOR INTERNATIONAL PAYMENTS BETWEEN STATES - GUARANTEED STABILITY OF INTERNATIONAL ECONOMIC RELATIONS

Authors

  • В.І. ДУДЧАК

Keywords:

system of international settlements, freely convertible currency, international settlement currency Geo, Conti

Abstract

 The mechanism of reforming the existing system of international payments and the introduction of international settlement currency for the providing transaction between the countries, rather than freely convertible national currency, are proposed in the article. The name of the international settlement currency –  "Geo" and the title of 1/100 of this currency – "Conti" are proposed too.

Issue

Section

Статті