Financing the APEC economy development in modern conditions

The article is devoted to the problems of APEC multilateral trade cooperation. The goal is to identify funding priorities and develop proposals aimed at overcoming the consequences of epidemiological and other threats of the global economy. The information base of the research is the statistical data of official APEC websites, international organizations and analytical materials of research centers as well as national banks of the member countries. The paper presents results of the APEC's economic relations, reveals the impact of financial cooperation on strengthening currency polycentrism, substantiates the impact of APEC on international competition and develops proposals for adapting the Russian economy to the new paradigm of the world monetary and financial system evolution. Based on the results obtained, the key problems are identified and the prospects for multilateral economic cooperation between the countries are revealed, and measures are proposed, including those aimed at increasing the international competition of the Russian economy.