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The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
The paper present the analysis outcomes on the catching-up process. Additionally it seeks for identifying the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process as well as the per capita income dynamics across...
Persistent link: https://www.econbiz.de/10014147302
The paper present the analysis outcomes on the catching-up process. Additionally it seeks for identifying the “convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process as well as the per capita income dynamics across...
Persistent link: https://www.econbiz.de/10014147303