The dollar yesterday, today, and tomorrow

Authors

  • C.P. KINDLEBERGER

DOI:

https://doi.org/10.13133/2037-3643/10803

Keywords:

Dollar, foreign exchange, international monetary system

Abstract

For over 20 years the world trading system has been effectively based on a dollar standard. The circulation of the dollar in the world's foreign exchanges is thus of crucial importance to the well-being of the international monetary system. Both shortages and gluts create problems which can inhibit world trade. The author is a leading authority on the dollar and has written extensively on managing its circulation. He presents his views on the reasons for the dollar having gained this role, its present-day problems and future prospects.

 

JEL: E42, F31, F33

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Published

2013-10-17

How to Cite

KINDLEBERGER, C. (2013). The dollar yesterday, today, and tomorrow. PSL Quarterly Review, 38(155). https://doi.org/10.13133/2037-3643/10803

Issue

Vol. 38 No. 155 (1985)

Section

Editorial

License

 
 
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