| The Future of Reserve Currencies
Cohen, Benjamin J.
Finance & Development, September 2009, online edition, 4p
The U.S. dollar has reigned supreme as the international reserve currency since World War II. Will that run come to an end as confidence in the greenback is eroded by persistent current account deficits and rising debt? If so, what will replace it?
Benjamin J. Cohen is Professor of International Political Economy at the University of California, Santa Barbara.
Go to the
article at:
http://www.imf.org/external/pubs/ft/fandd/2009/09/pdf/cohen.pdf
B7/04-09 - Posted November 6, 2009
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