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Can BRICS De-dollarize the Global Financial System?
Engelsk
Bogcover for Can BRICS De-dollarize the Global Financial System? af Zongyuan Zoe Liu, Mihaela Papa, 9781009014625
Specifikationer
Sprog:
Engelsk
Sider:
75
ISBN-13:
9781009014625
Indbinding:
Paperback
ISBN-10:
1009014625
Kategori:
Udg. Dato:
24 mar 2022
Størrelse i cm:
15,2 x 22,8 x 0,9
Oplagsdato:
24 mar 2022

Can BRICS De-dollarize the Global Financial System?

Engelsk
Paperback 2022
Format:

Bog beskrivelse
Existing scholarship has not systematically examined BRICS (Brazil-Russia-India-China-South Africa) as a rising power de-dollarization coalition, despite the group developing multiple de-dollarization initiatives to reduce currency risk and bypass US sanctions. To fill this gap, this study develops a ''Pathways to De-dollarization'' framework and applies it to analyze the institutional and market mechanisms that BRICS countries have created at the BRICS, sub-BRICS, and BRICS Plus levels. This framework identifies the leaders and followers of the BRICS de-dollarization coalition, assesses its robustness, and discerns how BRICS mobilizes other stakeholders. The authors employ process tracing, content analysis, semi-structured interviews, archival research, and statistical analysis of quantitative market data to analyze BRICS activities during 2009-2021. They find that BRICS'' coalitional de-dollarization initiatives have established critical infrastructure for a prospective alternative nondollar global financial system. This title is also available as Open Access on Cambridge Core.
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Specifikationer
Sprog:
Engelsk
Sider:
75
ISBN-13:
9781009014625
Indbinding:
Paperback
ISBN-10:
1009014625
Kategori:
Udg. Dato:
24 mar 2022
Størrelse i cm:
15,2 x 22,8 x 0,9
Oplagsdato:
24 mar 2022
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