THE ROLE OF THE EBRD IN LENDING TO SMALL AND MEDIUM-SIZED BUSINESSES

Анотація

The most intensive development of international financial and credit legal relations took place in the 20th century. in connection with the consequences of world wars and numerous economic crises. The number of international credit agreements is growing every year, but a comprehensive analysis of them has not yet been conducted in the science of international law. It should be noted that scientific approaches to these issues were formed separately by Soviet and Western scientists. In their research, they took into account the specifics of the political and economic system of their states. Since the collapse of the socialist camp, domestic science of international law has received new approaches to the study of the so-called "international currency law" (as a prototype of modern international financial law), which arose from the combination of the positions of the Soviet and Western schools of international law. However, taking into account the mutually exclusive nature of these studies, their results should be updated and establish how the legal regulation of financial and credit relations is carried out in international public law. These relations are characterized by industry-specific features of subject composition and sources of legal regulation. International credit agreements, in turn, contain relevant special essential conditions. In the process of implementing these relations, scientific disputes often begin about the expediency of including TNCs in the list of subjects of public international law as a whole. Given the fact that Ukraine is an active participant in international financial and credit relations, this topic requires further scientific research. The work examines and systematizes information on the role of the EBRD in lending to small and medium-sized businesses. The purpose of the study is to analyse the role of the EBRD in lending to small and medium-sized businesses. The relevance of the study of this topic in the context of the development of the international economy is determined. Information about the European Bank for Reconstruction and Development is provided, and the theoretical foundations of the creation and functioning of the EBRD are considered. The role of the EBRD in lending to small and medium-sized businesses is being studied. An evaluation of the current crediting of the Ukrainian economy by international financial organizations is carried out.

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