Publication: On Global Currencies
Open/View Files
Date
2009
Authors
Published Version
Journal Title
Journal ISSN
Volume Title
Publisher
John F. Kennedy School of Government, Harvard University
The Harvard community has made this article openly available. Please share how this access benefits you.
Citation
Frankel, Jeffrey A. 2009. On Global Currencies. HKS Faculty Research Working Paper Series RWP09-026, John F. Kennedy School of Government, Harvard University.
Research Data
Abstract
I approach the state of global currency issues by identifying eight concepts that I see as having recently “peaked” and eight more that I see as currently rising in relevance. Those that I see as having already seen their best days are: the G-7, global savings glut, corners hypothesis, proliferating currency unions, inflation targeting (narrowly defined), exorbitant privilege, Bretton Woods II, and currency manipulation. Those that I see as receiving increased emphasis in the future are: the G-20, the IMF, SDR, credit cycle, reserves, intermediate exchange rate regimes, commodity currencies, and multiple international currency system.
Description
Other Available Sources
Keywords
DEV - International Development, Finance, International Economics, Exchange Rates, Globalization, Banking
Terms of Use
This article is made available under the terms and conditions applicable to Other Posted Material (LAA), as set forth at Terms of Service