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The scholarly debate on currency internationalization focuses on country characteristics and policies as the main determinants in currency competition. However, this literature has neglected the fact that, given the intertwined nature of the international monetary system, other countries'...
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glutʺ observed in the era of advancing financial globalization. The supposed paradox is that the developing world has … States’ position as issuer of the world’s premiere reserve currency and supremacy in global finance explain the related …
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observed in the era of advancing financial globalization. The supposed paradox is that the developing world has increasingly … States' position as issuer of the world's premiere reserve currency and supremacy in global finance explain the related …
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