In dollar we (don't) trust: Consequences of reducing the global role of dollar to the American power

Abstract

This paper examines links between threatened status of the U.S. dollar as a global currency in the international monetary system and its consequences for U.S. power in international relations. In the first part of the paper, authors try to establish a connection between the status of global currency and power; the second part is devoted to the analysis of the historical status of the dollar, while in the third section, authors analyze the potential rivals. Fourth section of this paper presents the economic and political consequences of the reduced global role of dollar on U.S. power.

Autori u ovom radu pokušavaju da odgovore na pitanje da li je ugrožen status američkog dolara kao globalne valute u međunarodnom monetarnom sistemu i da istraže posledice koje opadanje uloge dolara može imati po ukupnu moć SAD u međunarodnim odnosima. U prvom delu rada uspostavlja se veza između statusa globalne valute i moći, drugi deo je posvećen istorijskoj analizi statusa dolara, dok se u trećem delu analiziraju potencijalni rivali. U četvrtom delu se izlažu ekonomske i političke posledice smanjenja globalne uloge dolara na moć SAD.