Scientific Journal of KubSAU

One of the main macroeconomic indicators is the in-ternational (gold and exchange) reserves of the coun-try. Stability of the state, its financial stability in many respects is defined with not only the volume of re-serves, but also an optimality of their structure and management efficiency of them. The mechanism of management of gold and foreign exchange reserves of any country, on the one hand, decides by a set of fac-tors, and on another, – forms a basis not only for monetary and credit regulation, but also for the international liquidity of the state, its strategic vector of development. In the article, the author carries out the analysis and reveals dynamics of gold and exchange (international) reserves of the leading countries of the world, in the conditions of currency and financial crisis. The obtained data of the international reserves confirms that the largest developing countries are now in more advantageous position, in comparison with the developed countries. In medium-term prospect, it will promote that gradually national currencies of developing countries will begin to take more and more worthy place along with dollar and euro

This article examines the current global economic cri-sis, as well as the transformation processes taking place in the global monetary system. The author comes to the conclusion that the most important and urgent problem remains that there is currently no real opportunity to change the financial and economic paradigm, in which the country existed almost half a century. The analysis has shown that the causes of the Great Depression and the present crisis are virtually identical. Only the consequences of the current situa-tion will be much more widespread, since the appearance of riskier financial instruments even more impact on the imbalance of the world's monetary system

Food security of the population is now one of the major policy goals of the world community and individual countries. In the context of the global currency and financial crisis, that hit the economies of many countries, food security is particularly important. The article examines the current state of world food situation, highlighted the reasons for the crisis in this area. The authors defined the institutional framework of supranational regulation of food relations in the form of an international organization that is designed to provide the best of the Food Balance between the two countries through efficient production and distribution of agricultural raw materials