The US Dollar as a Global Currency

Anthony Elson

Chapter Chapter 1 in The Global Currency Power of the US Dollar, 2021, pp 1-14 from Springer

Abstract: Abstract This chapter provides a summary overview of the contents of the book, beginning with a discussion of the various ways in which the dollar serves as the de facto currency of the global economy. The chapter identifies the main factors that account for this dominance of the dollar, as well as the benefits, costs and growing risks of this arrangement for global financial stability. Possible reforms of the current dollar-dominated reserve system are highlighted that are discussed in the closing chapters of the book.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-030-83519-4_1

Ordering information: This item can be ordered from
http://www.springer.com/9783030835194

DOI: 10.1007/978-3-030-83519-4_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().