Recently among numerous concerns over the European and partly American economies the danger of deflation is rather frequently mentioned. The scholars cite the Japanese economy which has been suffering from deflation for the last two decades despite the large investments in economy and the...

This article analyzes the global causes of the contemporary crisis and the possibilities to eliminate the most acute problems that have generated this crisis. It analyzes both the negative role of the world financial flows and their important positive functions including the 'insurance' of...