The Exhaustion of the Dollar: Its Implications for Global Prosperity
Language: English
Business Business & Economics Corporate Finance Economics General International Macroeconomics Public Finance
Publisher: Palgrave macmillan
Published: Jun 29, 2004
Description:
The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the key currency.