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The Global Currency Power of the US Dollar
- Problems and Prospects
Engelsk Paperback
The Global Currency Power of the US Dollar
- Problems and Prospects
Engelsk Paperback

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Om denne bog
This book explains how the US dollar serves as the primary reserve currency for the international financial system and assesses its prospects for the future. The book provides an analysis of the main factors that have given rise to the global currency power of the dollar and the key benefits that have accrued to both the United States and other countries from this arrangement. It then considers the growing costs that can be associated with the dollar-centered reserve system and the prospects for the medium-term in terms of its potential threats to global financial stability. In the light of these considerations, the book examines three alternative currency arrangements that could address some or all of the defects associated with the global currency power of the dollar. These include a shift to a multi-reserve currency system, an enhancement of the IMF''s role as an international lender of last resort and provider of global "safe" assets, and the introduction of central bank digital currencies. 

"A cogent, persuasive and timely look at the dollar''s power." Kirkus Reviews
Product detaljer
Sprog:
Engelsk
Sider:
205
ISBN-13:
9783030835217
Indbinding:
Paperback
Udgave:
ISBN-10:
3030835219
Kategori:
Udg. Dato:
17 sep 2022
Længde:
0mm
Bredde:
148mm
Højde:
210mm
Forlag:
Springer Nature Switzerland AG
Oplagsdato:
17 sep 2022
Forfatter(e):
Kategori sammenhænge