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Simulated Operation of Supra-sovereign International Currency

In: To Establish a Supra-sovereign International Currency

Author

Listed:
  • Chong Li

    (Beijing Normal University)

Abstract

In this chapter, I will use the simulation analysis method to describe the operation of supra-sovereign international currency. Here, the simulation analysis method means to analyze the operation of “World Dollar” in the past five years by assuming it has been adopted already. The following steps are the simulation analysis in this chapter: first, I will analyze the change of “World Dollar” value; then the stability of “World Dollar” exchange rate; the performance of “World Dollar” at last, from the aspects of saving transaction cost and reducing economic uncertainty.

Suggested Citation

  • Chong Li, 2022. "Simulated Operation of Supra-sovereign International Currency," Springer Books, in: To Establish a Supra-sovereign International Currency, chapter 0, pages 139-178, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-4337-8_6
    DOI: 10.1007/978-981-16-4337-8_6
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