Tag "Exorbitant Privilege"
Asia Pacific
Finance
Can the Renminbi become an international currency?
Guest blogger Frederik Vitting Hermann looks at the more widespread use of China’s currency around the globe. Conditions in the domestic market and the Chinese incremental reform style of monetary
Economics
North America
Extend the exorbitant privilege: Why the Dollar is here to stay
Despite potential challenges from the euro, yen, and yuan, the Dollar remains the world’s reserve currency of choice. The last decade has given rise to much discussion about the role
