International Financial Organizations: Its Impact on the Global and Regional Development

This article analyzes the main aims and tasks of the international financial organi-
zations, its positive and negative impact on the global and regional economic develop-
ment, cites the critical evaluations of the number of well-known economists, and pre-
sents the ideas about the prospects of the newly created Asian Infrastructure Investment
Bank’s activities. As a conclusion, the maximum efficiency from the cooperation with
the financial organizations could be reached by defending the national interests in the
world economy.