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"The International Role of the U.S. Dollar" Post-COVID Edition

Carol C. BertautStephanie E. CurcuruBastian von Beschwitz

出版	SSRN, 2023
URL	http://books.google.com.hk/books?id=xP010AEACAAJ&hl=&source=gbs_api

註釋

For most of the last century, the preeminent role of the U.S. dollar in the global economy has been supported by the size and strength of the U.S. economy, its stability and openness to trade and capital flows, and strong property rights and the rule of law. As a result, the depth and liquidity of U.S. financial markets is unmatched, and there is a large supply of extremely safe dollar-denominated assets.