In 2006,greater and obvious changes have taken place in such respects as economic trend of international financial market,monetary policy,market prices,investment and speculation portfolio,etc.
In order to lessen its impact, international assistance is always desirable. International Monetary Fund (IMF) is the most important international financial institution responsible for rescuing financial crises.
In 1970s, the situation of the world economy changed revolutionanly, the development of science and technology, the improvement of computer, oil crisis and the emergence of oil dollars, the birth of Eurocurrency Market, the surplus of capital in developed countries, production and market globalization, the advancement of international financial markets, the crash and reestabhshment of international monetary system, the world wide financial deregulation, new-conservatism and economic liberalization , pushed the tide of financial liberalization world-wide spreading.
In recent years, the famous international financial institution such as IMF(International Monetary Fund)、 WB (World Bank)、 BIS(Bank for International Settlements) and the central bank of German、 England、 Norway issues financial stability report periodically to stress financial stability. The financial stability forum (FSF) consists of them and other institutions and countries have more and more influence on the other countries.
Foreign exchange reserve is the core of the international monetary system and of vital importance in the area of international financial research. It concerns the governments? ability of adjusting balance of payment and stabilizing exchange rate, and all financial authorities keep close watch on its development.
Decision makers from international financial aid institutions, donor agencies, governmental and the local community can utilize this proposed approach.
Unlike other international financial institutions (IFI), when the African Development Bank (ADB) was established it did not offer membership to advanced industrial states.
Despite the increasing trends towards a reassertion of Shari'a within the Arab world, the Emirate of Dubai has recently created a world-class financial hub, the Dubai International Financial Centre (DIFC).