Dollar dominance fundamentals, nature, and present structure / Junji Tokunaga.

Author/creator Tokunaga, Junji
Format Electronic
Publication InfoAbingdon, Oxon ; New York, NY : Routledge, 2026.
Descriptionpages cm
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

SeriesRoutledge focus on economics & finance
Abstract "This book critically analyzes the US dollar's dominance as an international currency through an analysis of US dollar gross balance sheets in the shadow banking system at global, systematically important banks. It begins by drawing upon Minsky and Kindleberger's financial fragility hypothesis, explaining how analysis of dynamics in balance sheet expansion helps to reveal the fundamentals of the dollar standard system. It then examines the dollar standard system in the 2000s and during the Global Financial Crisis (GFC) of 2007-2009, showing how endogenous finance of the dollar drove said banks to overstretch their balance sheets. An analysis of the dollar standard system post-crisis suggests that US Treasury securities as universal collateral assets have acted as a bedrock for the present dollar standard system. Dollar Dominance will interest scholars and graduate students of international finance, monetary systems, money and banking. It is also a useful resource for central bankers, financial regulators, and other finance industry professionals"-- Provided by publisher.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2026007024
ISBN9781041227878 hardback
ISBN9781041227885 paperback
ISBNebook

Availability

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Electronic Resources Access Content Online ✔ Available