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Big money reigns, small money gains - but who will fix the International Monetary System?

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Abstract

The evolution of the international monetary system towards a more multipolar configuration is not only reflective of fundamentals but of increasing fragilities and uncertainty. In this paper, we map the trajectories of the Big Four (EUR, GBP, JPY, USD) and secondary currencies (AUD, CAD,CHF, CNY) in the past decade and argue that the system is increasingly ill-adapted to the reconfiguration of the global economy, bringing to the forefront the need for a reliable alternative international reserve asset.
Original languageEnglish
Title of host publicationRevue Lexsociété
EditorsFlora Bellone, Philippe Luppi
Number of pages28
Publication statusPublished - 6 Mar 2024
EventNew International Challenges: Interdisciplinary Thematic PhD Days of Post- Graduate School DESPEG, Université Côte d’Azur - Amphithéatre Bonnecarrère, Trotabas Campus, Nice, France
Duration: 31 Mar 202331 Mar 2023
https://ed-despeg-unice.fr/les-doctoriales-de-led-despeg-2/

Conference

ConferenceNew International Challenges
Country/TerritoryFrance
CityNice
Period31/03/2331/03/23
Internet address

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