Keywords

#monetary_hegemony

Monetary hegemony

Monetary hegemony is an economic and political concept in which a single state has decisive influence over the functions of the international monetary system. A monetary hegemon would need:accessibility to international credits, foreign exchange markets the management of balance of payments problems in which the hegemon operates under no balance of payments constraint. the direct power to enforce a unit of account in which economic calculations are made in the world economy.

Sat 13th

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Monetary hegemony Hegemony Bretton Woods system Reserve currency Currency substitution Exorbitant privilege International use of the U.S. dollar Petrocurrency International status and usage of the euro Foreign exchange controls
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