THE GLOBAL FINANCIAL SYSTEM IN THE 21 <sup>st</sup> CENTURY: AN APPROACH TO THE PROBLEM
The summary. An attempt to find approaches to study the place and role of the global financial system in the 21 st century is made in the article. The problem is considered from the viewpoints of ensuring financial security with due regard to the global financial crisis of the impact of security on the global development. The research deals with the functioning of the global financial market, the impact of globalization processes on it. The paper concerns the need for an approach to the problem not only from the perspectives of intrastate but also international dimension. The analysis involves the recent international meetings of the heads of states and governments, numerous scientific works are cited, the contribution to the elaboration of the issue made by authoritative domestic and foreign researchers is evaluated. The conclusion is made on the need for further study of various threats to the global financial security.