Beyond borders: Decoding the influence of economic development, money confidence, financial market, and purchasing power on currency internationalization. [PDF]
PLoS ONEDue to dedollarization and deglobalization trends, countries are pursuing currency diversification to reduce reliance on the U.S. dollar and mitigate currency risks.
Zibin Cao +3 more
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International currency and reserve plans
PSL Quarterly Review, 2014 In occasion of some recent proposals on currency convertibility, the present work discusses and explains an up-to-date concept of “workable convertibility”. A thorough enquire leeds the author to the conclusion that a workable convertibility would not be
R. TRIFFIN
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From Reserve Currencies to Reserves of Critical Goods: Designing a New BRICS International Currency
BRICS Law Journal, 2020 Currently, there is a need for reform of global monetary circulation and credit, which in a sense has stalled. The key is to restore the connection between monetary circulation and real production.
K. Molodyko
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The future of the dollar as a world reserve currency in new international circumstances [PDF]
Ekonomski Signali, 2023 The US dollar is the world's reserve currency, and it is also the currency most often used for trade and other international transactions. Due to the current geopolitical, economic and monetary developments, it is evident that a large number of countries
Mirović Ivan, Petrović Vesna
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The war in Ukraine and changes in the global economic system [PDF]
Sociološki Pregled, 2022 The US years-long irresponsible policy with the excessive printing of dollars, reinforced by the COVID-19 crisis and the war in Ukraine, has led to a large public debt and increasing inflation in the US, which significantly threatens the position of the ...
Dimitrijević Bojan S. +1 more
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Reserve currency competition in a polycentric world financial system
Финансы: теория и практика, 2022 This research is devoted to the issues of reserve currency competition in the global financial system. The paper aims to investigate key sources of competitive advantages of reserve currencies in the context of the development of the global financial ...
D. M. Sakharov
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World Review of Political Economy, 2023 This article provides an analysis of the economic cost incurred by the world through the use of the fiat international reserve currency since the end of the 1971 gold standard system.
Omar Osman
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Internationalization of Renminbi as a Function of China’s Foreign Exchange Policy
RUDN Journal of Political Science, 2021 This article discusses the prospects of the Chinese renminbi (RMB) to expand its sphere of influence and become a full-scale reserve world currency. The methods used in the article are retrospective analysis and graphic analysis. The work is divided into
Klavdiya E. Chernilevskaya
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Modern Reserve Currencies: Debt Stability of the Reserve Currency Emitting Countries [PDF]
Business Inform, 2020 The article is aimed at researching the level of debt stability of the countries that emit reserve currencies. The historical aspects of formation and development of the global structure of reserve currencies are considered in accordance with the functioning of existing currency systems.
O. А. Shuba, K. V. Travkina
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Dollar as the world's reserve currency: Challenges and prospects [PDF]
Bankarstvo, 2014 The US dollar gained the status of the world's reserve currency in the Bretton Woods system and has preserved it until the present day. Such position in international finance entails both advantages and disadvantages to the USA as the issuer of this ...
Kovačević Radovan
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