Showing 1 - 10 of 45,249
near future. -- Dollar ; Euro ; International Currency …This paper suggests that the dollar is not threatened as the hegemonic international currency, and that most analysts … are incapable of understanding the resilience of the dollar, not only because they ignore the theories of monetary …
Persistent link: https://www.econbiz.de/10008990930
This paper suggests that the dollar is not threatened as the hegemonic international currency, and that most analysts … are incapable of understanding the resilience of the dollar, not only because they ignore the theories of monetary … default. It is argued that the current crisis in Europe illustrates why the euro is not a real contender for hegemony in the …
Persistent link: https://www.econbiz.de/10013125788
dollar ; euro ; German dominance hypothesis …This paper assesses whether the international monetary system is already tripolar and centred around the US dollar, the … euro and the Chinese renminbi (RMB). It focuses on what we call China's "dominance hypothesis", i.e. whether the renminbi …
Persistent link: https://www.econbiz.de/10009380945
This paper assesses whether the international monetary system is already tripolar and centred around the US dollar, the … euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi …
Persistent link: https://www.econbiz.de/10011605438
This paper suggests that the dollar is not threatened as the hegemonic international currency, and that most analysts … are incapable of understanding the resilience of the dollar, not only because they ignore the theories of monetary … default. It is argued that the current crisis in Europe illustrates why the euro is not a real contender for hegemony in the …
Persistent link: https://www.econbiz.de/10009003366
This paper assesses whether the international monetary system is already tripolar and centred around the US dollar, the … euro and the Chinese renminbi (RMB). It focuses on what we call China's “dominance hypothesis”, i.e. whether the renminbi …
Persistent link: https://www.econbiz.de/10013119934
developments are intensifying the competition between the U.S. dollar and the euro. Four possible future scenarios are developed … the dollar and has pursued an independent monetary policy to promote national economic stability. Japan has seen its …
Persistent link: https://www.econbiz.de/10012766914
US dollar as a reserve currency. Robert Triffin was one of those critical of this "exorbitant" privilege granted to the … underlies the dollar reserve system. However, there are major obstacles to this proposal. Some analysts including Triffin cited … the US security umbrella as the primary reason the US and its major allies would want to retain the role of the dollar in …
Persistent link: https://www.econbiz.de/10009540632
The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … market for US dollar-denominated assets is larger and deeper; network externalities and inertia also play a role. Increasing …
Persistent link: https://www.econbiz.de/10012265943
determinants of currency internationalization, and the future prospects of the current dollar-centered international monetary …
Persistent link: https://www.econbiz.de/10013082295