
Implications of the new US administration’s policies for the international monetary system and central banks
Central banks now face profound challenges. The foundations of the current international monetary order are in jeopardy if the policies of the new US administration undermine the US dollar as the ultimate means of settlement for international financial transactions and as the primary international reserve asset. To understand these challenges, it is useful to consider three questions:
How real are the risks of decline of the US dollar hegemony, and how quickly could it happen?What are the key
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com test test test
Most read articles loading…
Back to Top
by :
Source link