The Future of the Monetary System

Improving global governance
Posted Jan 24, 2023 | Credit Suisse Research Institute

The past three years have seen abrupt changes in the global economy, economic policy responses and geopolitical configuration. In this article for the Credit Suisse Research Institute, Zoltan Pozsar Oliver Adler Maxime Botteron Nannette Hechler-Fayd’herbe discuss how macroeconomic imbalances and geopolitics can catalyze change in the current largely-USD-based monetary system; and how central bank reserves have evolved and may be re-assessed in future. They sketch a vision for the gradual emergence of a more multi-polar monetary system. The fate of US dollar hegemony depends on a several factors, with the degree to which U.S. policy makers are able to maintain macroeconomic stability and trust relative to other countries, continuing to be of supreme importance.


Share |
print button Print
Related Articles:

Members Online
There are 1 guests online


Popular Articles

Popular Videos

CNN World News


Al Jazeera World News


BBC World News