The exorbitant privilege and haunting problem of the dollar

被引：0

作者：

Delaunay, Jean-Claude ^{[1
]}

机构：

[1] Univ Marne La Vallee, Marne La Vallee, France

来源：

PENSEE | 2007年 / 350期

关键词：

D O I：

暂无

中图分类号：

D0 [政治学、政治理论];

学科分类号：

0302 ; 030201 ;

摘要：

This article is a short study of the dollar as a world currency, in which the advantages and disadvantages of this situation are presented. On the one hand the American economy has the benefit of a privilege, and this one is, for it, a source of difficulties. In addition, as a world currency, the US dollar is the currency of the imperialist contemporary system, centered on the United States. To neutralize the imbalances induced by this situation, it is not realistic to imagine that a world monetary system could be built as an abstraction. More realistically, one must examine the weak links of the imperial system and analyze how it could fissure and evolve.

引用

收藏

页码：43 / +

页数：13

相关论文

共 50 条

[31] The "exorbitant privilege" and "exorbitant duty" of the United States in the international monetary system: implications for developing countries [J].

Mayer, Joerg .

REVIEW OF WORLD ECONOMICS, 2021, 157 (04) :927-964

[32] An exorbitant privilege in the first age of international financial integration? [J].

van Hombeeck, Carlos Eduardo .

JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2020, 101

[33] Key currency status: An exorbitant privilege and an extraordinary risk [J].

Canzoneri, Matthew ;

Cumby, Robert ;

Diba, Behzad ;

Lopez-Salido, David .

JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2013, 37 :371-393

[34] The “exorbitant privilege” and “exorbitant duty” of the United States in the international monetary system: implications for developing countries [J].

Jörg Mayer .

Review of World Economics, 2021, 157 :927-964

[35] Exorbitant privilege and compulsory duty: the two faces of the financialised IMS [J].

Carneiro, Ricardo ;

De Conti, Bruno .

CAMBRIDGE JOURNAL OF ECONOMICS, 2022, 46 (04) :735-752

[36] Foreign exchange reserve diversification and the "exorbitant privilege": Global macroeconomic effects [J].

Cova, Pietro ;

Pagano, Patrizio ;

Pisani, Massimiliano .

JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2016, 67 :82-101

[37] Exorbitant privilege? Quantitative easing and the bond market subsidy of prospective fallen angels [J].

Acharya, Viral V. ;

Banerjee, Ryan ;

Crosignani, Matteo ;

Eisert, Tim ;

Spigt, Renee .

JOURNAL OF FINANCIAL ECONOMICS, 2025, 170

[38] A Lecture on the Dollar Problem [J].

MacDougall, Donald .

ECONOMICA-NEW SERIES, 1954, 21 (83) :185-200

[39] ECONOMISTS AND DOLLAR PROBLEM [J].

BAUER, PT ;

WALTERS, AA .

LLOYDS BANK ANNUAL REVIEW, 1975, (116) :21-29

[40] MILLION-DOLLAR PROBLEM - BILLION-DOLLAR SOLUTION [J].

不详 .

NATURE, 1977, 268 (5616) :89-89

← 1 2 3 4 5 →