Geopolitical Proximity And The Use Of Global Currencies

DOWNLOAD

Download Geopolitical Proximity And The Use Of Global Currencies PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Geopolitical Proximity And The Use Of Global Currencies book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Geopolitical Proximity And The Use Of Global Currencies

DOWNLOAD
Author : Jakree Koosakul
language : en
Publisher: International Monetary Fund
Release Date : 2024-09-06

Geopolitical Proximity And The Use Of Global Currencies written by Jakree Koosakul and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-09-06 with categories.

After decades of increasing global economic integration, the world is facing a growing risk of geoeconomic fragmentation, with potentially far-reaching implications for the global economy and the international monetary system. Against this background, this paper studies how geopolitical proximity, along with other economic factors, affects the usage of five SDR currencies in cross-border transactions. Since World War II, the global currency landscape has remained relatively stable, with the U.S. dollar serving as the dominant currency. Using country-level SWIFT transaction data, our analysis confirms the importance of inertia, trade and financial linkages in shaping the currency landscape, consistent with existing studies. On geopolitical proximity, we find that closer proximity can boost the use of the euro and renminbi, notably among emerging market and developing economies, although the impact is rather muted in the full sample. The effect on RMB usage in the full sample is more pronounced during periods of heightened trade policy uncertainty. These findings suggest that in a more geoeconomically fragmented world, alternative currencies could play a greater role.

Global Cross Border Payments

DOWNLOAD
Author : Mr. Eugenio M Cerutti
language : en
Publisher: International Monetary Fund
Release Date : 2025-06-13

Global Cross Border Payments written by Mr. Eugenio M Cerutti and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-06-13 with categories.

Cross-border payments are essential to the global financial system, facilitating trade and investment. The global cross-border traditional and crypto payment market approached a value of about one quadrillion dollars in 2024, with crypto payments representing only a small fraction despite their recent surge. Focusing on data from Swift—the largest traditional cross-border financial messaging network—we study the characteristics and evolving patterns of these payments over 2021-24. Notably, payments are predominantly concentrated in advanced economies, and are driven by financial institutions and large transactions. While currency usage remains stable—with the U.S. dollar maintaining the largest share—the Chinese renminbi demonstrates signs of increasing global integration, albeit from a low base. Gravity model estimates confirm that traditional economic linkages, via trade, portfolio investment, and FDI, shape cross-border payments. However, aggregate dynamics mask substantial heterogeneity across message types (customer vs. financial related payments), currencies, and transaction sizes, with information asymmetries playing a diminished role in larger payments.

Floating Exchange Rates At Fifty

DOWNLOAD
Author : MAURICE OBSTFELD
language : en
Publisher: Peterson Institute for International Economics
Release Date : 2024-04-15

Floating Exchange Rates At Fifty written by MAURICE OBSTFELD and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-15 with Business & Economics categories.

Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates, conclusively ending the post–World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to reconcile domestic macroeconomic policies with the balance of payments. But opponents feared it would initiate a new era of instability and financial shocks. Since 1973, much of the world has moved away from fixed exchange rates to a variety of regimes based on considerable exchange rate flexibility. But international trade conflicts and unstable capital flows, along with a rise in financial crises around the world, have nonetheless accompanied the global shift away from exchange rate pegs. How has the international monetary system performed over the past half century? What have we learned from the experience of more flexible exchange rates? What has been the impact on macroeconomic and financial stability in the years since? This book derives from papers delivered at a conference that brought together leading economists and policymakers to debate and discuss these questions, as well as to assess the evolution of the international monetary system, the dominance of the US dollar, and the role of exchange rate regimes in shaping the world economy.

The Return Of Geopolitics And Imperial Conflict

DOWNLOAD
Author : Francesco M. Bongiovanni
language : en
Publisher: Springer Nature
Release Date : 2024-07-01

The Return Of Geopolitics And Imperial Conflict written by Francesco M. Bongiovanni and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-01 with Political Science categories.

After the brief respite that followed the fall of the USSR, geopolitics and major wars are back, affecting everyone everywhere. In a world transitioning to multipolarity Great Powers jostle for supremacy, regional powers feel emboldened to act on their own ambitions, supply chains are disrupted and instability becomes the norm. America has an empire that it wants to keep, Russia lost an empire that it wants to recover and China doesn’t have an empire and wants one - with India the wildcard. But there is more to it than Great Power rivalry. From Ukraine to the South China Sea, from the Middle East to Central Asia, from the Arctic to outer space Bongiovanni lays it bare in this fascinating journey across the geopolitics of our time with, in the background, de-globalization, the battle against the dollar and the new AI-driven age.

The Euro At Ten The Next Global Currency

DOWNLOAD
Author :
language : en
Publisher: Peterson Institute
Release Date : 2009

The Euro At Ten The Next Global Currency written by and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Currency question categories.

The Development Of International Monetary Policy

DOWNLOAD
Author : Christopher Warburton
language : en
Publisher: Routledge
Release Date : 2017-08-15

The Development Of International Monetary Policy written by Christopher Warburton and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-15 with Business & Economics categories.

The Development of International Monetary Policy traces the development of international monetary policy from mercantilism to quantitative easing. It has been structured to present some of the pressing issues in international monetary relations involving currency valuation, inflation, exchange rates, and regional monetary policy. Additionally, it presents international monetary law as a basis for understanding the concept of monetary sovereignty and the limits of state autonomy in an interdependent world of legal arrangements. The book revisits some controversial arguments about stagflation and expansionary monetary policy, and it uses current time series data and empirical evidence to show why theories about the trade-off between inflation and unemployment are not extinct. Part of the concluding argument indicates that it is imperative for the international community to have a structure for monetary dispute resolutions involving autonomous states. Notably, the author further concludes that fiat money will continue to be a dominant unit of account, more so than crypto-currencies, into the distant future. An accessible and practical read, this is book is a valuable resource for postgraduates, academics and researchers of international trade, finance and economics.

The Geopolitics Of Iran

DOWNLOAD
Author : Francisco José B. S. Leandro
language : en
Publisher: Springer Nature
Release Date : 2021-09-13

The Geopolitics Of Iran written by Francisco José B. S. Leandro and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-13 with Political Science categories.

This book assesses Iran’s role in contemporary geopolitics. In particular, it examines three main intertwining circles: Iran’s development and political challenges, its relationships with neighbouring countries, as well as its relations with the major global powers — China, the European Union, Russia, and the United States. With contributions from over 20 authors, the book spans such critical aspects of contemporary geopolitics as modern history, natural resources, the economy, the social-political context, and strategic thinking. Particular focus is placed on Iran’s relations with its neighbours - Afghanistan, Iraq, Israel, Pakistan, and the Persian Gulf States. Furthermore, the book offers both a bilateral and multilateral dimension on how nuclear sanctions imposed on Iran have impacted its strategic planning, from the economic and military perspectives.

Legal And Geopolitical Complexity In The Arctic

DOWNLOAD
Author : Tiziana Melchiorre
language : en
Publisher: Taylor & Francis
Release Date : 2025-08-29

Legal And Geopolitical Complexity In The Arctic written by Tiziana Melchiorre and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-08-29 with Law categories.

This book examines the evolving geopolitical landscape of the Arctic, focusing on the impact of climate change and the war in Ukraine on regional and international relations from a legal and geopolitical perspective. As Arctic ice melts, newly accessible natural resources and transportation routes are intensifying territorial and maritime disputes, heightening competition and tensions among regional states. The war in Ukraine has further strained relations between the West and Russia, disrupting political, economic, and scientific cooperation while accelerating the militarisation of the Arctic. In response to Russia’s aggressive actions in Eastern Europe, Western states have expanded their military presence in the region, while Russia has modernised its Arctic military infrastructure. Through analysing these developments, the book highlights the interconnection between regional and global dynamics. It argues that climate change and geopolitical conflict are transforming the Arctic from the ‘last frontier’ into the ‘first frontier’; a strategic arena where states, both within and beyond the region, seek to assert their geopolitical and economic interests. Adopting an interdisciplinary approach that integrates international relations, international law, and history, this book provides a comprehensive examination of the Arctic’s legal and geopolitical complexities. The book will be of interest to researchers in the field of international relations and public international law, as well as environmental and Arctic law.

Moorings

DOWNLOAD
Author : Nidhi Mahajan
language : en
Publisher: Univ of California Press
Release Date : 2025

Moorings written by Nidhi Mahajan and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025 with History categories.

A free ebook version of this title is available through Luminos, University of California Press's Open Access publishing program. Visit www.luminosoa.org to learn more. Moorings follows sailors from the Gulf of Kachchh in India as they voyage across the ocean on mechanized wooden sailing vessels known as vahans, or dhows. These voyages produce capital through moorings that are spatial, moral, material, and conceptual. With a view from the dhow, the book examines the social worlds of Muslim seafarers who have been rendered invisible even as they maneuver multiple regulatory regimes and the exigencies of life, navigating colonialism, neoliberalism, the rise of Hindutva, insurgency, climate change, and border regimes across the Indian Ocean. Based on historical and ethnographic research aboard ships, at ports and religious shrines, and in homes, Moorings shows how capitalism derives value from historically sedimented practices grounded in caste, gender, and transregional community-based forms of regulation.

Exploring The Financial Landscape In The Digital Age

DOWNLOAD
Author : Thomas Andreas Maurer
language : en
Publisher: CRC Press
Release Date : 2024-08-13

Exploring The Financial Landscape In The Digital Age written by Thomas Andreas Maurer and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-13 with Business & Economics categories.

The Proceedings of the International Conference on Financial Management and the Digital Economy (ICFMDE 2023) offers an overview of research and insights into how financial management is evolving in the digital age. The book covers a broad spectrum from examining cryptocurrency trends to exploring fintech advancements. Topics also extend to digital transformation strategies, practical applications of blockchain technology, and the profound impact of digital innovations on financial markets. Through rigorous research and analysis, the proceedings offer valuable insights into the future trajectory of the global economy. Written for scholars, researchers, and industry professionals in finance, economics, and digital innovation, this collection provides valuable insights into the rapidly changing field of financial management. Readers will gain deep perspectives on how digitalization is reshaping financial landscapes worldwide.