G20 AND THE NEW GLOBAL FINANCIAL ARCHITECTURE – AN INTRODUCTION TO THE „WORLD GOVERNMENT”?

Abstract

Owners of the huge capital as far as in America, Russia and China are aware of the real danger of complete collapse of the global financial and economic order. To prevent this thay had started by the G20 rapid globalization with aims to establish and strengthening all international bodies and institutions for oversee the banks and (all) business entities.

Today,we already have: G-SIFI's global systemic financial institutions, GSIB's Global systemic banks, G-IIS Global systemic insurance institutions, G - FEITP Global forum for the exchange of information relating to fees and taxes, G-LEIS Global System for identification of legal entities and other . The question is how these reforms will be finaly implemented?

The Russians and Chinese are seeking for „multilateral way's” for solving the problem's, with the introduction of moral and socially responsible economy. On other side the strongest and most influential banks of the world (G30) suggest that banks should in a future handle a ” standard banking operations (deposits and payments)” ; world institutions should generate a money for long-term infrastructure projects allocated by the insurance institute and private pension funds ; in order to prevent any types of future financial crises, the state of the world should voluntarily left to the IMF conduct of sovereign national monetary and fiscal policies.

The crisis is not over, it is a temporary stopped. The global financial system has grown at an accelerated pace, and for at least 20 years (as it has been estimated) this system can get and executive governing body - the Global (world) Economic - Financial Government! Who controls the money flow controls also a state policy, in this case - the global policy!