Abstract

The influence of monetary and financial and credit institutions on the development of modern international business, the conditions, and methods of business financing in the countries of the world are analyzed in the article. The relevance of the topic is due to dynamic processes in the world, globalization, as well as the creation of a single economic and information space, which require appropriate management of the financial resources of countries and thus deepen the role of credit institutions on the world stage and their influence on the development of international business. The study of the influence of monetary and financial and credit institutions on the development of modern international business is relevant, and its research is of significant scientific and practical interest. Business is recognized as the most important engine of economic development, a provider of income, jobs, goods, and services in countries around the world. International credit and currency organizations play an important role in supporting the private sector in countries around the world. In most countries, international monetary and financial institutions play an important role in the social and economic development programs of developing countries and countries with economies in transition. The author of the article considers the main directions of financing and support of international business by international monetary and financial organizations and credit institutions. A functional analysis of the activities of the main credit and currency organizations and the influence of credit institutions on the development of private business, which has a direct impact on the development of modern international business in general, was carried out. The article indicates the main credit and currency organizations that have the most significant influence on the modern economy, considers the reasons and corresponding consequences of investments of credit institutions in the private sector of countries. Monetary, financial and credit institutions must solve all the tasks of supporting world well-being in the conditions of unstable development of the world economy, global globalization, prevention of the coronavirus disease COVID-19 and numerous military aggres- sions taking place in the modern world in the conditions of the Russian Federation’s invasion of Ukraine.

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