Will the U.S. dollar remain strong?

Masaya Sakuragawa
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Masaya Sakuragawa: Professor, Keio University

Public Policy Review, 2024, vol. 20, issue 2, 1-29

Abstract: This paper consists of two main parts. In the first part, I will describe the historical background of how the U.S. dollar has acquired and maintained its monopoly status as an international currency. In the second half, we will consider whether China, which has emerged as a challenger to the United States, may threaten the hegemony of the United States, and explore the future course of the international currency system.

Keywords: International Currency; Foreign Exchange Reserves; Currency Hegemony; Housing Bubbles (search for similar items in EconPapers)
JEL-codes: F33 F45 F51 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:mof:journl:ppr20_02_01

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