Prasad, Eswar S. - Princeton University Press
foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong …The U.S. dollar’s dominance seems under threat. The near collapse of the U.S. financial system in 2008–2009, political … financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar …