EconPapers    
Economics at your fingertips  
 

The creation of the Euro and the role of the dollar in international markets

Patricia Pollard ()

Review, 2001, vol. 83, issue May, 17-36

Abstract: Through the post-World War II period, the U.S. dollar has been the leading currency used in international trade and debt contracts. With the creation of the euro, the dollar may finally face a challenge to its dominance in international markets. This article examines the likely effects of the euro on the international use of the dollar. Moreover, the article considers the implications for the United States and the euro area of a rise in the use of the euro and consequent fall in the use of the dollar internationally.

Keywords: Euro; Dollar, American; Money (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://files.stlouisfed.org/files/htdocs/publications/review/01/09/0109pp.pdf (application/pdf)

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:fip:fedlrv:y:2001:i:may:p:17-36:n:v.83no.5

Access Statistics for this article

Review is currently edited by Juan M. Sanchez

More articles in Review from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().

 
Page updated 2023-01-28
Handle: RePEc:fip:fedlrv:y:2001:i:may:p:17-36:n:v.83no.5