IDEAS home Printed from https://ideas.repec.org/h/spr/sptchp/978-1-4614-1635-7_13.html
   My bibliography  Save this book chapter

The Global Monetary System

In: International Trade and Global Macropolicy

Author

Listed:
  • Farrokh Langdana

    (Rutgers Business School)

  • Peter T. Murphy

Abstract

In this final chapter we apply much of what we have previously learned as we examine several contemporary policy topics. We explore the policy of foreign exchange sterilization, and its contribution to the global imbalances that have built up in the early part of this century. The US dollar-Chinese yuan saga and controversy are explored at length. We discuss the US dollar's role as the world's reserve currency, and the potential challengers to the dollar's dominance. Finally, we explore a topic that has garnered attention in recent years as central banks have taken to increasingly unorthodox experimentation: fiat currency and the gold standard.

Suggested Citation

  • Farrokh Langdana & Peter T. Murphy, 2014. "The Global Monetary System," Springer Texts in Business and Economics, in: International Trade and Global Macropolicy, edition 127, chapter 0, pages 343-394, Springer.
  • Handle: RePEc:spr:sptchp:978-1-4614-1635-7_13
    DOI: 10.1007/978-1-4614-1635-7_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sptchp:978-1-4614-1635-7_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.