Schenk, C. (2011) The retirement of Sterling as a Reserve Currency after 1945: Lessons for the US Dollar? World Financial Review,
Full text not currently available from Enlighten.
Publisher's URL: http://www.worldfinancialreview.com/
Abstract
The global reserves system is coming under increased scrutiny both as a contributor to the global crisis and as a threat to future stability. This article examines how the change from sterling to the US dollar as the primary reserve currency was achieved without a major crisis in the international monetary system. It concludes that the process was carefully (and expensively) managed by the G10 group of economies.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | No |
| Glasgow Author(s) Enlighten ID: | Schenk, Professor Catherine |
| Authors: | Schenk, C. |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| College/School: | College of Social Sciences > School of Social and Political Sciences > Economic and Social History |
| Journal Name: | World Financial Review |
| Published Online: | 01 May 2011 |
University Staff: Request a correction | Enlighten Editors: Update this record
Funder and Project Information
Funder and Project Information