On the International Role of the Euro
Type de matériel :
TexteLangue : français Détails de publication : 2005.
Sujet(s) : Ressources en ligne : Abrégé : The purpose of this article is to assess and explain the international role of the euro. Since 1999, the euro has become the second international reserve currency (well behind the dollar), but its record varies according to the function which is fulfilled. The article focuses on currency competition in light of the market shares of the major currencies and their dynamic path. It also relates currency competition to the competition among the major financial markets and centers.
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The purpose of this article is to assess and explain the international role of the euro. Since 1999, the euro has become the second international reserve currency (well behind the dollar), but its record varies according to the function which is fulfilled. The article focuses on currency competition in light of the market shares of the major currencies and their dynamic path. It also relates currency competition to the competition among the major financial markets and centers.
Réseaux sociaux