Global monetary order and the liberal order debate
In: International studies perspectives: ISP, Band 21, Heft 2, S. 109-153
Abstract
The recent "liberal international order" (LIO) debate has been vague about the institutions and issue areas that constitute the order. This is likely driven by competing views of "liberal" and, perhaps more importantly, by security scholars dominating the debate. From the perspective of scholars who explore the elements of the global monetary order (reserve currencies, international financial institutions, and central banks), the picture is different. Where security scholars point to a decline in US influence, scholars of global monetary politics see continued US dominance. Moreover, monetary prominence has been a precondition for the viability of great power projects of order building more generally. This symposium offers such a counter narrative. While the security challenges are real, the crises of the last decade have actually reinforced the centrality of the US dollar and American financial power in the international system.
Themen
Weltwirtschaftsordnung, Weltwirtschaft, Internationale Wirtschaftspolitik, Währungspolitik, Internationales System, Internationale Ordnung, Internationale Währungsordnung, Status und Rolle im internationalen System, Hegemonie, Internationale wirtschaftliche Dominanz/Abhängigkeit, Liberalismus, Liberale Orientierung, International economic system, World economy, International economic policy, International monetary policy, International systems, International order, International monetary system, Status and role in the international system, Hegemonic systems, International economic dominance/dependence, Liberalism, Liberal orientation, Vereinigte Staaten, Währung, US-Dollar, Internationaler Kapitalverkehr, Finanzmarkt, Zentralbank, United States, Currencies, US Dollar, International capital transactions, Financial markets, Central banks
Sprachen
Englisch
ISSN: 1528-3585
DOI
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