Losing Faith in the Dollar: Can It Remain the World's Dominant Reserve Currency?
Document Type
Article
Department or Administrative Unit
Economics
Publication Date
6-2008
Abstract
The fall of the dollar has affected the entire world. But is it permanent? This piece reviews the forces that have contributed to the weakness of the dollar and its losing favor as the world's premier currency. The economists discuss the structural problems in the U.S. economy that, unless addressed, will continue to weaken the dollar's standing as the premier reserve currency. But they believe the dollar will not he easily displaced as the main world currency in the near future. They provide a fine primer on the most recent plight of the dollar.
Recommended Citation
Carbaugh, R. & Hedrick, D. (2008). Losing faith in the dollar: Can it remain the world's dominant reserve currency? Challenge 51(3), 93-114. DOI: 10.2753/0577-5132510306
Journal
Challenge
Rights
© 2008 M.E. Sharpe, Inc. All rights reserved.
Comments
This article was originally published in Challenge. The full-text article from the publisher can be found here.
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