Thursday, May 9, 2019
Macroeconomics Dissertation Example | Topics and Well Written Essays - 10000 words
Macro scotchs - speech ExampleThe prospective of US Dollar Still the Preferred Inter field of study Currency 23 2.2.3. The early of US Dollar The Beginning of the End 26 2.2.4. The Future of the US Dollar Bretton Woods tercet or IV? 29 2.3. Some Observations 35 Summary 36 Chapter 3 Findings and Discussion 37 3.0. Introduction 37 3.1. The US Dollar and Its uncontested hegemony as International Money 38 3.2. The Future of the US Dollar The Challenge to the System 40 3.3. The Alternative 42 Chapter 4 Conclusion and good word 43 4.0. Conclusion 43 4.1. Recommendation 44 Chapter 1 Introduction 1.0. Introduction Economic storey is the story of the gradual evolution and extension of the economical community from its origin of a single class to encompass the nation and the world. In its current stage, globularisation transforms the relationship among nations, highlighting the greater interdependence and integrating among countries in economic activities in particular and all facets of society in general (Suarez-Orozco and Qin-Hilliard 2004). The recent global economic meltdown shows how interconnected countries are the monetary debacle started as a sub-prime crisis in the joined States, but its effect has an impact on the raised global financial fragility. The bubble blew up offshoot in one place and then in another, moving around the globe (Wade 2008, p. 40). ... reserve notes of many countries around the globe reserve-management plays a crucial role in assisting the country during the global economic crisis (Obstfeld and Rogoff 2009). Self-insurance, which means large stock of international reserves in time of stability, may enhance the financial stability of a country. However, in a system in which many countries hold their reserves as their form of liquidity insurance, it has a destabilising effect (Obstfeld and Rogoff 2009). As such, understanding the role of US Dollar in todays monetary system is pivotal in determining and developing appropriate nat ional financial policies deem responsive to issues arising during times of financial uncertainties and instability. 1.1. Objectives of the research Considering the status of US Dollar as the basic international currency, the condition of globalisation and its ensuing interdependence among countries, especially in financial and economic activities and transactions, the following are the objectives of the research. To understand and examine the role of US Dollar as an international currency. To acquire its future role in international monetary system. To discuss the role of US Dollar as an international medium of exchange, as a store of value, an anchor currency in the exchange drift regimes and its use for Invoicing of Exports To validate the use of US Dollar as a primary currency in official unusual exchange reserves and as transaction currency in capital and foreign exchange markets To explore other feasible alternatives to the US Dollar as an international currency 1.2. R esearch Questions The two primary questions of the research are (1) what is the role of US Dollar in todays international monetary system. In addition, (2) What are the future
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