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キーワード:
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要旨:
Dollar centrality ultimately rests on differential growth favoring the US economy relative to rivals, and on domestic constellations of political power in potential rivals that inhibit use of their currencies as global quasi-state money. This last lecture considers challenges to the US dollar from the yen, euro, and renminbi, as well as the possibility of a simple collapse of the global monetary system into competing trade and monetary blocs.
Scholar in Residence Lecture Part 3
