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Negotiating currency internationalization : an infrastructural analysis of the digital RMB

Deng, Harry - In: Finance and society 10 (2024) 1, pp. 1-17

In what ways might the digital renminbi (RMB), also known as e-CNY, bolster China's efforts to internationalize its currency? Utilizing Susan Strange's concept of currency negotiation and borrowing the concept of infrastructures from science, technology, and society studies, this article argues...

Persistent link: https://www.econbiz.de/10015339658

Organic global cryptocurrency : towards a stable international monetary system that is closer to Maqāṣid Sharī'ah

Rahman, Abdurrahman Arum - In: Islamic economic studies 28 (2020) 1, pp. 63-82

Purpose - The most prominent and persistent problems of our global monetary system are instability and imbalances. We propose an international monetary model to solve these problems while at the same time move the model closer to Maqāṣid Sharīʿah (objectives of Sharīʿah). We name this an...

Persistent link: https://www.econbiz.de/10012319170

Die Wirkung einer Internationalisierung des Yen auf die japanischen Finanzmärkte, die japanische Geldpolitik und die Usancen der Fakturierung

Kramer, Stefan - 1999

In dieser Arbeit werden die Stellung und die Entwicklungsperspektive des Yen als internationale Währung untersucht. Die …

Persistent link: https://www.econbiz.de/10011927668

The nexus of BRI and internationalization of Renminbi (RMB)

Ly Bora - In: Cogent business & management 7 (2020) 1, pp. 1-21

Since 2009, the Chinese government has committed itself to encourage Renminbi (RMB) internationalization. China has introduced various direct steps supporting the RMB internationalization, including the open capital market in Hugangtong, the growth of the offshore RMB, the launch of the...

Persistent link: https://www.econbiz.de/10012628158

The disadvantages of sovereign currency as the world currency

Sun, Yexia - In: World review of political economy : journal of the … 13 (2022) 1, pp. 45-59

disadvantages in a sovereign currency acting as the world currency. First, the existing model of the single world currency is unfair …, with the country whose sovereign currency functions as the world currency able to obtain huge international seigniorage and … international inflation tax. Second, this single world currency model is unstable. The premise behind the functioning of an …

Persistent link: https://www.econbiz.de/10014434141

The international monetary system : new evidence concerning a transition to multipolarity

Sadil, Vojtěch; Sipko, Juraj - In: Scientific papers of the University of Pardubice 29 (2021) 2, pp. 1-9

international monetary system continuously evolves, reflecting developments in the world economy. The main problem of the current …

Persistent link: https://www.econbiz.de/10012672122

Currency competition : currency internationalization potential assessment using fuzzy logic approach

Sadil, Vojtěch; Přílučíková, Jana; Sipko, Juraj - In: Scientific papers of the University of Pardubice 29 (2021) 3, pp. 1-14

Frequently noted inadequately explored connections between currency internationalization and expected change in the polarity of the international monetary system in the international relations literature are commanding the renewed attention and vigorous debate for more international monetary...

Persistent link: https://www.econbiz.de/10012672278

The international supply of reserve currency

Benigno, Pierpaolo - 2023

This paper provides insights into the historical inefficiencies and instabilities of the international monetary system. These inefficiencies are primarily linked to the limited supply of international liquidity and wedges in various money-market rates. The instabilities encompass both...

Persistent link: https://www.econbiz.de/10014450471

The U.S. dollar dominance : origins, status quo, and implications for Europe

Proano, Christian; Hümmrich, Martin - In: Vierteljahreshefte zur Arbeits- und … 2 (2025) 2, pp. 175-195

monetary stability but faces growing challenges in a rapidly changing world. Historically rooted in the Bretton Woods system … der Währungsstabilität, steht aber in einer sich rasch verändernden Welt vor wachsenden Herausforderungen. Historisch …

Persistent link: https://www.econbiz.de/10015395726

Developing a fair currency system

Hanif, Muhammad - In: ISRA international journal of islamic finance : an … 12 (2020) 3, pp. 325-345

Purpose This study aims to evaluate the role of the prevailing currency systems in achieving (or departing from) the socio-economic objectives of a progressive and just society; i.e. featuring stability and equitable distribution of wealth. Design/methodology/approach After documenting...

Persistent link: https://www.econbiz.de/10012517342