The emergence and deepening of the global economic crisis is reflected in
large part on the functioning of international financial institutions and
their current structure. The long-term financial crisis has placed demands
for decisive reform moves in the functioning and structure of the IMF, the
World Bank Group and other global and regional financial institutions. This
means that so far, the results of their policies have been inadequate and
that their role is subject to critical observation finding an efficient
performance of financial markets. The crisis has imposed the need to reform
international financial institutions and the new global financial
architecture. Changes in structure and their functioning should lead to the
global economic stability. Members of the Euro zone are faced with a new
attitude towards the international financial institutions and the
International Monetary Fund, in particular. The proclaimed missions of the
International Monetary Fund and the World Bank are clearly separated in
theory, but with the passing of time, their activities have become
increasingly intertwined, so that they often include a name - international
financial institutions.
Economic crisis impact on international financial institutions: The necessity for reforms
