THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATION

The author examines the factors, conditioning the formation of the US national currency as the world reserve currency. The conditions for the dollar to dominate the world financial arena in modern conditions have been determined. The prospects for strengthening the positions of the euro, the Chinese...

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Main Author: A. Berdyshev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2018-10-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/1181
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author A. Berdyshev
author_facet A. Berdyshev
author_sort A. Berdyshev
collection DOAJ
description The author examines the factors, conditioning the formation of the US national currency as the world reserve currency. The conditions for the dollar to dominate the world financial arena in modern conditions have been determined. The prospects for strengthening the positions of the euro, the Chinese yuan and the Russian ruble in the status of the world reserve currency, - have been evaluated. Based on the results of the study, a conclusion has drawn on the substantial limitations of the pos-sibility of transforming the single-currency model of the world financial system based on the US dollar at the present stage
format Article
id doaj-art-c948659c3d704779aebcd240ffadd641
institution Kabale University
issn 1816-4277
2686-8415
language English
publishDate 2018-10-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-c948659c3d704779aebcd240ffadd6412025-02-04T08:27:57ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-10-0101012612910.26425/1816-4277-2018-10-126-1291181THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATIONA. Berdyshev0Финансовый университет при Правительстве Российской ФедерацииThe author examines the factors, conditioning the formation of the US national currency as the world reserve currency. The conditions for the dollar to dominate the world financial arena in modern conditions have been determined. The prospects for strengthening the positions of the euro, the Chinese yuan and the Russian ruble in the status of the world reserve currency, - have been evaluated. Based on the results of the study, a conclusion has drawn on the substantial limitations of the pos-sibility of transforming the single-currency model of the world financial system based on the US dollar at the present stagehttps://vestnik.guu.ru/jour/article/view/1181global financial systemworld reserve currencyus dollaryuanrussian ruble
spellingShingle A. Berdyshev
THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATION
Вестник университета
global financial system
world reserve currency
us dollar
yuan
russian ruble
title THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATION
title_full THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATION
title_fullStr THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATION
title_full_unstemmed THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATION
title_short THE PERSPECTIVES OF THE GLOBAL FINANCIAL SYSTEM DEDOLLARIZATION
title_sort perspectives of the global financial system dedollarization
topic global financial system
world reserve currency
us dollar
yuan
russian ruble
url https://vestnik.guu.ru/jour/article/view/1181
work_keys_str_mv AT aberdyshev theperspectivesoftheglobalfinancialsystemdedollarization
AT aberdyshev perspectivesoftheglobalfinancialsystemdedollarization