| Andrian Yuriy, Koshtoyan Stepan, Udalinkin Konstantin
International financial organizations and their cooperation with Russia
ID number: J2021101
Abstract: Throughout its membership in the International Monetary Fund and the World Bank Group, Russia has been an active participant in the activities of major international financial institutions. Having joined the organizations as a borrower, the country in a fairly short period of time changed its status to a creditor in the IMF and a partner in the Bank. Today, Russia, in cooperation with a number of other countries, in particular the BRICS countries, is actively promoting reforms of the global financial architecture to make it more reflective of the current balance of forces in the global economy. Russia also participates in and initiates regional financial initiatives to strengthen the foundation of the international financial system
Key-words: international financial organizations, IMF, World Bank Group, IBRD, international cooperation, governance reform, MIGA
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