Replacement, Dominance and Recession of Dollar

Muhammad Akram (), Muhammad Muazzam Mughal (), Fatima Amin () and Ayesha Farooqui ()
Additional contact information
Muhammad Akram: Hailey College of Commerce, Faculty of Commerce University of the Punjab, Lahore, Pakistan
Muhammad Muazzam Mughal: Hailey College of Commerce, Faculty of Commerce University of the Punjab, Lahore, Pakistan
Fatima Amin: M.Com. Scholars, Hailey College of Commerce University of the Punjab, Lahore, Pakistan
Ayesha Farooqui: M.Com. Scholars, Hailey College of Commerce University of the Punjab, Lahore, Pakistan

Far East Journal of Psychology and Business, 2011, vol. 4 No 1 Paper 2 July, issue 2, 17-26

Abstract: Dollar is considered as dominant reserve currency all over the world. Literature gives a view of the whole life of dollar from its dominance till recession. Despite of financial ups and downs, dollar maintains its status for many years, as a reserve currency and as prominent currency in the settlement of international trade transaction. But now hyperinflationary forces and low economic growth rate makes the dollar susceptible to depression. The study attempts to analyze the proposed status of dollar in the presence of its pronounced competitors.

Keywords: Dollar; Dominance; Recession; Eagle; Dragon (search for similar items in EconPapers)
JEL-codes: M1 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.fareastjournals.com/files/FEJPBV4N1P2.pdf (application/pdf)
http://www.fareastjournals.com/archive_detail.aspx?jid=18&aid=13 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fej:articl:v:4a:y:2011:i:2:p:17-26

Access Statistics for this article

More articles in Far East Journal of Psychology and Business from Far East Research Centre
Bibliographic data for series maintained by Jim Chau ( this e-mail address is bad, please contact ).