The US dollar and its challenges
American hegemony in the 21st century
Bibliographic Data
| ID | 13120102 |
|---|---|
| Authors | Thomas Costigan (0000-0001-5491-9731, Western Sydney University, corresponding author), Drew Cottle (Western Sydney University) |
| Year | 2018 |
| Volume | 21 |
| Issue | 2 |
| Pages | 159-172 |
| Publication date | 2018-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Labor and Society (JOURNAL) |
| Journal identifiers | ISSN: 2471-4607 • E-ISSN: 2667-3657 |
| Publisher | Brill (PUBLISHER • NL) |
| DOI | 10.1111/wusa.12339 |
| OpenAlex | W2822578314 |
| Language | EN |
| References cited | 20 |
Since World War Two, the United States dollar became and remains the global reserve currency. This status in international trade and investment has given the US the ability to exercise hegemonic power around the world. In recent years, there have been attempts by competitor nations notably China, Russia, and Iran to replace the dollar's exclusivity in bilateral trade. Their intention is to undermine the ability of the US to continue as the world's hegemon. It is argued that this outcome is unlikely to be achieved in the near term, because of the continuing reliance on the US dollar
China · Currency · Devaluation · Economics · Hegemony · International economics · International trade · Investment (military · Liberian dollar · Monetary economics · Political science · Politics · Power (physics · Renminbi · Reserve currency · Us dollar · World trade · World War II · Economic Theory and Policy · Global Financial Crisis and Policies · Law · State Capitalism and Financial Governance · Finance
The Hidden Hand of American Hegemony
China in the Middle East
China Debates the Non-Interference Principle
Gulf Cooperation Council Oil Exporters and the Future of the Dollar
US Assistance to the State of Israel Report by the Comptroller General of the United States Prepared by the US General Accounting Office GAO/ID-83-51 June 24, 1983
Hegemony, military power projection and US structural economic interests in the periphery
How Did the United States and Germany Overtake Britian? A Sectoral Analysis of Comparative Productivity Levels, 1870–1990
The Grand Chessboard
The Persistent myth of lost hegemony
The Geopolitics of China's Maritime Silk Road Initiative
The Unipolar Moment
| Citation velocity | historical |
|---|---|
| Highly cited | No |