Simulated Operation of Supra-sovereign International Currency

Chong Li ()
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Chong Li: Beijing Normal University

Chapter Chapter 6 in To Establish a Supra-sovereign International Currency, 2022, pp 139-178 from Springer

Abstract: 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.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-4337-8_6

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DOI: 10.1007/978-981-16-4337-8_6

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