
- 130 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
The Geoeconomics of Money in the Digital Age
About this book
In a more contentious world economy, where trade and finance are increasingly interlinked with economic security and geopolitical considerations, questions arise about the underpinnings of the US dollar's global leadership. For decades, the US dollar has reigned supreme, serving as a powerful tool of US foreign policy. However, history shows that currency dominance can shift with global power dynamics. Will China or another power rise to challenge the US-led system? Will the international monetary system experience a process of fragmentation, or will a new global order emerge? Will financial technology ease such a change? This book delves into the intricate web of how three forces - economic dislocation, evolving geopolitical relations and technology – could potentially foster transformations in the international monetary system. Adopting a multidisciplinary lens, it analyses the strategic elements that might compel major international powers to instigate change or solidify the current equilibrium. While there are no definitive answers on the future, the book provides readers with the key tools to understand the major factors influencing possible changes in the international finance system.
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Information
Table of contents
- Cover
- Half-Title
- Series
- Title
- Copyright
- Contents
- Foreword by Thorsten Beck
- Preface
- Acknowledgements
- Introduction
- 1 The why, what, and who: Economics and politics of an international currency
- 2 Geoeconomics, currencies, and the international monetary system
- 3 The cross-border implications of technology and CBDCs
- 4 e-CNY and its global aspiration: Need for speed
- 5 The politics of the digital euro: The ambition of strategic autonomy
- 6 The US, the innovator’s dilemma, and the US dollar dominance
- 7 International cooperation and CBDCs: Constraints, opportunities, and future challenges
- 8 How the international monetary system will look and why it matters
- Index