International Distribution of Power in a Multipolar World under the Circumstances of Global Financial Imbalances

#3. Immortal Power
International Distribution of Power in a Multipolar World under the Circumstances of Global Financial Imbalances

This article deals with the analysis of global financial imbalances that have emerged in the modern world. A review of the international division of powers at the stages of development of the capitalist world-economy is submitted in the article. The role of the BRICS countries as regards to overcoming global imbalances is defined. Formation of the complete balanced global financial system is the way to a qualitatively new stage of development in the world economy.