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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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