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Licensed Unlicensed Requires Authentication Published by De Gruyter December 27, 2010

Is the Era of the Dollar Over?

  • Charles Wyplosz

The financial crisis has led to the setting up of the G20 and to a historically large new allocation of Special Drawing Rights. Is this signaling the end of the dominant role of the U.S. dollar and to a new world order based on a global currency? The paper argues that, for many reasons, there is readily available currency to replace the dollar although the era of a dollar-only international currency is coming to an end.

Published Online: 2010-12-27

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston

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