Global reserve currency system: Why will the dollar standard give way to a tripolar currency order?
Author
Abstract
Suggested Citation
DOI: 10.1007/s11459-011-0124-6
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Hartmann,Philipp, 1998. "Currency Competition and Foreign Exchange Markets," Cambridge Books, Cambridge University Press, number 9780521632737.
- Mr. Ewe-Ghee Lim, 2006. "The Euro’s Challenge to the Dollar: Different Views from Economists and Evidence from COFER (Currency Composition of Foreign Exchange Reserves) and Other Data," IMF Working Papers 2006/153, International Monetary Fund.
- Alan Greenspan, 2010.
"La crisis,"
Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 12(22), pages 15-60, January-J.
- Alan Greenspan, 2010. "The Crisis," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 41(1 (Spring), pages 201-261.
- Michael P. Dooley & David Folkerts-Landau & Peter Garber, 2004. "The Revived Bretton Woods System: The Effects of Periphery Intervention and Reserve Management on Interest Rates & Exchange Rates in Center Countries," NBER Working Papers 10332, National Bureau of Economic Research, Inc.
- Aizenman, Joshua & Marion, Nancy, 2011.
"Using inflation to erode the US public debt,"
Journal of Macroeconomics, Elsevier, vol. 33(4), pages 524-541.
- Aizenman, Joshua & Marion, Nancy, 2009. "Using Inflation to Erode the U.S. Public Debt," Santa Cruz Department of Economics, Working Paper Series qt6xf174rs, Department of Economics, UC Santa Cruz.
- Joshua Aizenman & Nancy Marion, 2009. "Using Inflation to Erode the U.S. Public Debt," NBER Working Papers 15562, National Bureau of Economic Research, Inc.
- Michael P. Dooley & David Folkerts-Landau & Peter Garber, 2004. "The revived Bretton Woods system," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(4), pages 307-313.
- John Williamson, 2009. "Why SDRs Could Rival the Dollar," Policy Briefs PB09-20, Peterson Institute for International Economics.
- Hartmann,Philipp, 2007. "Currency Competition and Foreign Exchange Markets," Cambridge Books, Cambridge University Press, number 9780521046930.
- Carbaugh Robert J & Hedrick David W, 2009. "Will the Dollar be Dethroned as the Main Reserve Currency?," Global Economy Journal, De Gruyter, vol. 9(3), pages 1-16, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Riccardo Fiorentini & Guido Montani, 2012. "The New Global Political Economy," Books, Edward Elgar Publishing, number 14443.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Christian Thimann, 2010.
"Global Roles of Currencies,"
Palgrave Macmillan Books, in: Wensheng Peng & Chang Shu (ed.), Currency Internationalization: Global Experiences and Implications for the Renminbi, chapter 1, pages 3-41,
Palgrave Macmillan.
- Christian Thimann, 2008. "Global Roles of Currencies," International Finance, Wiley Blackwell, vol. 11(3), pages 211-245, December.
- Thimann, Christian, 2009. "Global roles of currencies," Working Paper Series 1031, European Central Bank.
- Carmen M. Reinhart & Franziska L. Ohnsorge & Kenneth S. Rogoff & M. Ayhan Kose, 2022.
"The Aftermath of Debt Surges,"
Annual Review of Economics, Annual Reviews, vol. 14(1), pages 637-663, August.
- M. Ayhan Kose & Franziska Ohnsorge & Carmen Reinhart & Kenneth Rogoff, 2021. "The aftermath of debt surges," CAMA Working Papers 2021-81, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Kose,Ayhan & Ohnsorge,Franziska Lieselotte & Reinhart,Carmen M. & Rogoff,Kenneth S., 2021. "The Aftermath of Debt Surges," Policy Research Working Paper Series 9771, The World Bank.
- M. Ayhan Kose & Franziska Ohnsorge & Carmen Reinhart & Kenneth Rogoff, 2021. "The Aftermath of Debt Surges," Koç University-TUSIAD Economic Research Forum Working Papers 2119, Koc University-TUSIAD Economic Research Forum.
- Kose, M. Ayhan & Ohnsorge, Franziska & Reinhart, Carmen & Rogoff, Kenneth, 2021. "The Aftermath of Debt Surges," CEPR Discussion Papers 16537, C.E.P.R. Discussion Papers.
- M. Ayhan Kose & Franziska L. Ohnsorge & Carmen M. Reinhart & Kenneth S. Rogoff, 2021. "The Aftermath of Debt Surges," NBER Working Papers 29266, National Bureau of Economic Research, Inc.
- Gabriele Galati & Philip Wooldridge, 2009.
"The euro as a reserve currency: a challenge to the pre-eminence of the US dollar?,"
International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 14(1), pages 1-23.
- Gabriele Galati & Philip D. Wooldridge, 2006. "The euro as a reserve currency: a challenge to the pre-eminence of the US dollar?," BIS Working Papers 218, Bank for International Settlements.
- Hermann Remsperger & Adalbert Winkler, 2009. "Welchen Einfluss hat der Wechselkurs auf die internationale Rolle von US‐Dollar und Euro?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 10(1), pages 21-38, February.
- André Cartapanis, 2009. "Le dollar incontesté ? Économie politique d’une monnaie internationale," Revue d'Économie Financière, Programme National Persée, vol. 94(1), pages 135-150.
- Elias Papaioannou & Richard Portes, 2008. "The international role of the euro: a status report," European Economy - Economic Papers 2008 - 2015 317, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Steiner, Andreas, 2017. "Determinants of the Public Budget Balance: The Role of Official Capital Flows," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168184, Verein für Socialpolitik / German Economic Association.
- Kollmann, Robert, 2003. "Monetary Policy Rules in an Interdependent World," CEPR Discussion Papers 4012, C.E.P.R. Discussion Papers.
- Papaioannou, Elias & Portes, Richard & Siourounis, Gregorios, 2006.
"Optimal currency shares in international reserves: The impact of the euro and the prospects for the dollar,"
Journal of the Japanese and International Economies, Elsevier, vol. 20(4), pages 508-547, December.
- Papaioannou, Elias & Portes, Richard & Siourounis, Gregorios, 2006. "Optimal currency shares in international reserves: the impact of the euro and the prospects for the dollar," Working Paper Series 694, European Central Bank.
- Elias Papaioannou & Richard Portes & Gregorios Siourounis, 2006. "Optimal Currency Shares in International Reserves: The Impact of the Euro and the Prospects for the Dollar," NBER Working Papers 12333, National Bureau of Economic Research, Inc.
- Elias Papaioannou & Richard Portes & Gregorios Siourounis, 2006. "Optimal Currency Shares in Iternational Reserves: The Impact of the Euro and the Prospects for the Dollar," Post-Print halshs-00754634, HAL.
- Portes, Richard & Papaioannou, Elias & Siourounis, Gregorios, 2006. "Optimal Currency Shares in International Reserves: The Impact of the Euro and the Prospects for the Dollar," CEPR Discussion Papers 5734, C.E.P.R. Discussion Papers.
- Jürgen Von Hagen, 1999. "Macroeconomic Consequences of the EMU," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(4), pages 359-374, December.
- Benecká, Soňa & Komarek, Lubos, 2018.
"International reserves: Facing model uncertainty,"
Economic Systems, Elsevier, vol. 42(3), pages 523-531.
- Sona Benecka & Lubos Komarek, 2014. "International Reserves: Facing Model Uncertainty," Working Papers 2014/03, Czech National Bank.
- Mileva, Elitza & Siegfried, Nikolaus, 2012.
"Oil market structure, network effects and the choice of currency for oil invoicing,"
Energy Policy, Elsevier, vol. 44(C), pages 385-394.
- Mileva, Elitza & Siegfried, Nikolaus, 2007. "Oil market structure, network effects and the choice of currency for oil invoicing," Occasional Paper Series 77, European Central Bank.
- Michael Melvin & Manuel Gomez, 2004. "Explaining the dollar/euro exchange rate: the role of policy uncertainty, asymmetric information, and hedging opportunities," Econometric Society 2004 North American Winter Meetings 72, Econometric Society.
- Jean-Pierre DANTHINE & Francesco Giavazzi & Ernst-Ludwig von Thadden, 2000.
"European Financial Markets After EMU: A First Assessment,"
FAME Research Paper Series
rp13, International Center for Financial Asset Management and Engineering.
- Giavazzi, Francesco & Danthine, Jean-Pierre & von Thadden, Ernst-Ludwig, 2000. "European Financial Markets After EMU: A First Assessment," CEPR Discussion Papers 2413, C.E.P.R. Discussion Papers.
- Jean-Pierre Danthine & Francesco Giavazzi & Ernst-Ludwig von Thadden, 2000. "European Financial Markets After EMU: A First Assessment," NBER Working Papers 8044, National Bureau of Economic Research, Inc.
- Jean-Pierre DANTHINE & Francesco GIAVAZZI & Ernst-Ludwig VON THADDEN, 2000. "European Financial Markets After EMU: A First Assessment," Cahiers de Recherches Economiques du Département d'économie 00.03, Université de Lausanne, Faculté des HEC, Département d’économie, revised May 2000.
- Ricardo Sabbadini, 2018.
"International Reserves Management in a Model of Partial Sovereign Default,"
Working Papers, Department of Economics
2018_14, University of São Paulo (FEA-USP).
- Ricardo Sabbadini, 2019. "International Reserves Management in a Model of Partial Sovereign Default," Working Papers Series 496, Central Bank of Brazil, Research Department.
- Francis Bismans & Olivier Damette, 2012. "La taxe Tobin : une synthèse des travaux basés sur la théorie des jeux et l’économétrie," Working Papers of BETA 2012-09, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- André Geis & Arnaud Mehl & Stefan Wredenborg, 2004. "The international role of the euro - evidence from bonds issued by non-euro area residents," Occasional Paper Series 18, European Central Bank.
- Gomez, Manuel & Melvin, Michael & Nardari, Federico, 2007.
"Explaining the early years of the euro exchange rate: An episode of learning about a new central bank,"
European Economic Review, Elsevier, vol. 51(3), pages 505-520, April.
- Manuel Gomez & Michael Melvin, "undated". "Explaining the Early Years of the Euro Exchange Rate: an episode of learning about a new central bank," Working Papers 2179608, Department of Economics, W. P. Carey School of Business, Arizona State University.
- Mr. Romain Ranciere & Mr. Olivier D Jeanne, 2006. "The Optimal Level of International Reserves for Emerging Market Countries: Formulas and Applications," IMF Working Papers 2006/229, International Monetary Fund.
- Flandreau, Marc & Jobst, Clemens, 2005.
"The Ties that Divide: A Network Analysis of the International Monetary System, 1890–1910,"
The Journal of Economic History, Cambridge University Press, vol. 65(4), pages 977-1007, December.
- Marc Flandreau & Clemens Jobst, 2005. "The Ties that Divide: A Network Analysis of the International Monetary System, 1890-1910," Working Papers hal-01065599, HAL.
- Marc Flandreau & Clemens Jobst, 2005. "The Ties that Divide : a Network Analysis of the International Monetary System, 1890-1910," SciencePo Working papers Main hal-03416103, HAL.
- Marc Flandreau & Clemens Jobst, 2005. "The Ties that Divide : a Network Analysis of the International Monetary System, 1890-1910," Post-Print hal-03416103, HAL.
More about this item
Keywords
international monetary order; international currency; dollar; yuan; F33; F41; F55; F59;All these keywords.
JEL classification:
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
- F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:frecch:v:6:y:2011:i:1:p:92-130. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.