The Political Economy of Money
A special issue of Economies (ISSN 2227-7099).
Deadline for manuscript submissions: 31 October 2024 | Viewed by 1077
Special Issue Editor
Special Issue Information
Dear Colleagues,
The global economy is in a state of transformation. Emerging market economies are expanding their market share in global trade, and financial networks are becoming more complex. The so-called BRICS countries are seeking to challenge the role of the US dollar as the global anchor currency, but history has shown that replacing an established anchor currency takes an extremely long time. To become a global monetary anchor requires the fulfilment of many conditions. Among the most important are:
- Monetary stability to ensure that money is a good store of value;
- A significant share in global trade to ensure that money is an international means of exchange;
- Exchange rate stability to minimize risks and uncertainties for investors;
- Free currency convertibility for all balance of payment functions;
- The security of property titles, the rule of law, and respect for fundamental human rights.
This Special Issue of Economies aims to deepen our empirical and theoretical understanding of the factors driving the international monetary system. It also welcomes papers making proposals regarding the reform of Bretton Woods institutions.
Prof. Dr. Stefan Collignon
Guest Editor
Manuscript Submission Information
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Keywords
- international monetary system
- exchange rates
- monetary stability
- human rights
- bretton woods
- BRICS