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Losing Faith in the Dollar:

Author

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  • Robert Carbaugh
  • David Hedrick

Abstract

The fall of the dollar has affected the entire world. But is it permanent? This piece reviews the forces that have contributed to the weakness of the dollar and its losing favor as the world's premier currency. The economists discuss the structural problems in the U.S. economy that, unless addressed, will continue to weaken the dollar's standing as the premier reserve currency. But they believe the dollar will not be easily displaced as the main world currency in the near future. They provide a fine primer on the most recent plight of the dollar.

Suggested Citation

  • Robert Carbaugh & David Hedrick, 2008. "Losing Faith in the Dollar:," Challenge, Taylor & Francis Journals, vol. 51(3), pages 93-114.
    • Handle: RePEc:mes:challe:v:51:y:2008:i:3:p:93-114
    DOI: 10.2753/0577-5132510306
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    Cited by:

    1. LAI, Ping-fu (Brian) & CHOI, Kam Hung William, 2014. "A Study Of Chinese Yuan (Rmb) Appreciation Accompanying With Others Factors Including Foreign Direct Investment (Fdi) And Their Effect On China Economy," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 18(2), pages 29-68.
    2. Elbeck, Matt, 2010. "Advancing the design of a dynamic petro-dollar currency basket," Energy Policy, Elsevier, vol. 38(4), pages 1938-1945, April.

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