The Official Use of International Currencies – Assessments and Implications
The paper analyses the official use of international currencies as reserve currency (store of value) and anchor currency (unit of account). Examining the role as a reserve currency we note that the US dollar is the main reserve currency even if it ...
Orăștean Ramona
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Western European inflation and the reserve currencies
The article is a text read and discussed at Chatham House, London, in February 1968. The author establishes to what extent and in what ways British monetary policies, and those of the other main reserve currency countries, have interacted with the ...
P. BAFFI
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To be or renminbi: Trend in the evolution of the international monetary system [PDF]
By joining the recent research bandwagon in international finance, this paper reexamines the potential of Chinese yuan for becoming a leading world currency.
Malović Marko G.
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CENTRAL BANK DIGITAL CURRENCY EFFECTS ON FRACTIONAL RESERVE BANKING [PDF]
An aim of the paper is to explore the outlines of the looming monetary order. For these purposes, we have made a brief retrospective analysis of money genesis. In its inception market had selected gold as a medium of exchange and gold had become a social
Mirza Khidasheli
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Challenges for the Global Financial System [PDF]
According to the governor of the Bank of England, Mark Carney, the global financial system is currently lagging behind the evolution of the global economy, facing asymmetric concentrations of financial assets in advanced economies relative to economic ...
SERGHEI MARGULESCU, ELENA MARGULESCU
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Impact of Exchange Rate Fluctuation to the Romanian Foreign Currency Reserve [PDF]
In this article, we intend to indentify the impact of the currency rate of exchange variation of the two main currencies which represent Romania’s foreign currency reserve and the stress test it submits the latter.
Lavinia Diana Vasile
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The impact of central bank digital currency issuance on the international monetary system - taking China and other countries as examples [PDF]
As the current international monetary system is increasingly unstable and unbalanced, even more countries have begun to study and implement digital currency and put forward the concept of super-sovereign currency.
Ren Zhixuan
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Characteristics and contemporary challenges of the international monetary and financial system [PDF]
A well-functioning international monetary system (IMS) should provide a satisfactory international liquidity and facilitate money and capital flows in the world economy.
Kovačević Radovan
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Le binome euro -dollar sous le signe de l’incertitude [PDF]
Will the Dollar remain the dominant international currency (mainly as a reserve currency)? To answer this question, the paper presents in the first part the opinions of the most prominent experts concerning the determinant factors of an international ...
Ana Bal
doaj
Indications of the de-dollarization process in the world: Through a special review of BRICS economies [PDF]
In this paper, on the basis of empirical research, the conditions, perspectives and possibilities of replacing the dollar as the world's leading currency will be presented in a systematic and methodological way.
Siljković Boris J., Denić Nebojša M.
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