The Exhaustion of the Dollar (2004)

H. Gray

Published:	2004, June 29
Authors:	H. Gray
Publishers:	Springer
Pages:	219
Print type:	BOOK

Description:

The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the key currency.