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Transformations in the global economy. tools for dedollarization of external settlements of the BRICS countries

Scientific Works of the Free Economic Society of Russia
This article is devoted to the creation of financial instruments that allow cross-border settlements between member countries of the BRICS. The author points out the problems encountered on the way to creating a supranational payment instrument for the BRICS, and also points to the participants in the initiative to develop such instruments in the ...
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Dedollarization in BRICS+11: A Dual-Model Theory of Network Externalities, Geopolitical Shocks, and Strategic Coordination

This study develops a dual-model theoretical framework for Dedollarization in the expanded BRICS+11 coalition. The first model formalizes currency adoption with network externalities and a geopolitical shock, showing that a sufficiently large shock can tip the system from a stable dollar equilibrium to a BRICS currency equilibrium.
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Dedollarization in Turkey after decades of dollarization: A myth or reality?

Physica A: Statistical Mechanics and Its Applications, 2007
Vuslat US
exaly  

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