Results 261 to 270 of about 65,210 (292)

Reserve currencies: Can multiplicity work? [PDF]

, 2014
The paper analyzes the potential rise of new reserve currencies in the context of the economic and political determinants of an international currency. Two models analyze the role of soft political power, switching costs to a new currency and transaction costs in the rise of a new currency.
Satyendra Kumar Gupta, Ashima Goyal
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Multiple Reserve Currencies and Renminbi Use

Journal of International Commerce, Economics and Policy, 2017
We analyze prospects for the Chinese renminbi to become a major international currency, along with the US dollar, in a multiple reserve currency world. Analytical models on switching costs in networks and on currency choice under direct and indirect transaction costs are used to derive variables for empirical analysis. While network size and financial
Satyendra Kumar Gupta, Ashima Goyal
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International Settlement & Reserve Currency Issues and HuGuang Reclassification Theory of International Settlement & Reserve Currency

2023
Li Liu    Li Liu (Email: LLsunrising@126.com, Correspondence to Li Liu)     Catalogues 18.1. Background  Dollar issuance and the surge in U.S. debt and the private nature of the Federal Reserve pose problems 18.2. The Main Issues with International Settlement and Reserve Currency  18.3.
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Euro Integration Reserve Currency? [PDF]

Since its creation, the euro has raised high expectations among the investors and within the countries that chose to adopt it. This chapter aims to study the possibility of the European single currency becoming an international reserve currency. With the financial crises that started in August 2007, in the United States of America (USA), and the ...
Ana Filipa Dias, António Portugal Duarte   +1 more
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Currency Convertibility and External Reserves

1996
This is a topic of potential and growing importance to Africa as a whole, but especially to Southern Africa. The paper is intended to be both introspective (examining the current position in the region in these areas) and prospective (where the region should be going as the 21st century dawns).
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The International Supply of Reserve Currency

IMF Economic Review
This paper provides insights into the historical inefficiencies and instabilities of the international monetary system. These inefficiencies are primarily linked to the limited supply of international liquidity and wedges in various money-market rates.
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World reserve currency

2022
Dale K. Cline, Sandeep Mazumder
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Commodity Reserve Currency

Southern Economic Journal, 1960
Clark Lee Allen, Elmer M. Harmon
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Currency movements drive reserve composition

BIS Quarterly Review, 2014
A long-standing puzzle in international finance is the durability of the dollar's share of foreign exchange reserves - which remains above 60%, while the weight of the US economy in global output has fallen to less than a quarter. We argue that the dollar's role may reflect instead the share of global output produced in countries with relatively stable
Robert N McCauley, Tracy Chan
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The Dollar As A Reserve Currency

International Affairs, 1979
T HE dollar has passed through three main phases since the Second World War. The United States emerged from the War as the major world power, with the dominant economy and also, though not so obviously, the dominant currency. Alastair Cooke recalled in a recent ' Letter from America ' a speech made by Ramsay MacDonald to a conference in London in 1934,
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