The Dollar’s Imperial Circle
The Dollar’s Imperial Circle
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Author / Creator
Publisher
London: Palgrave Macmillan UK
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Language
English
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Publisher
London: Palgrave Macmillan UK
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Scope and Contents
Contents
In this paper, we highlight a new channel through which dollar fluctuations can become a self-fulfilling pro-cyclical force. We call this mechanism Imperial Circle as it makes the dollar the dominant macroeconomic variable in the context of the current international monetary system. At the core of it, there is a fundamental asymmetry between the sh...
Alternative Titles
Full title
The Dollar’s Imperial Circle
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_gale_infotracmisc_A805042876
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotracmisc_A805042876
Other Identifiers
ISSN
2041-4161
E-ISSN
2041-417X
DOI
10.1057/s41308-023-00235-6
