After sixty-five years of pursuing a grand strategy of global leadership—nearly a third of which transpired without a peer great power rival—has the time come for the United States …
The US dollar's dominance seems under threat. The near collapse of the US financial system in 2008–2009, political paralysis that has blocked effective policymaking, and …
Many believe the recent deterioration in US–China relations represents a'New Cold War'rooted in ideological differences. However, such differences did not prevent the two …
B Eichengreen, A Mehl, L Chiţu - Economic Policy, 2019 - academic.oup.com
We assess the role of economic and security considerations in the currency composition of international reserves. We contrast the 'Mercury hypothesis' that currency choice is governed …
A Iancu, G Anderson, S Ando, E Boswell… - Open Economies …, 2022 - Springer
Despite major structural shifts in the international monetary system over the past six decades, the US dollar remains the dominant international reserve currency. Using a newly …
C Norrlof - International Affairs, 2018 - academic.oup.com
A pivotal question raised in the 1980s debate over the durability of the United States-led world order still haunts us today. Does the postwar liberal international order, which the US …
Does it pay to issue an international money? Should a government promote internationalization of its currency? And if so, how might policy makers shape cross-border …
Can the euro challenge the supremacy of the US dollar as a global currency? From the time Europe's joint money was born, many have predicted that it would soon achieve parity with …
D McDowell - Review of International Political Economy, 2021 - Taylor & Francis
Scholarship on international currencies has traditionally emphasised how an issuing state's foreign policy can enhance the attractiveness of its currency for cross-border use. Yet …