This paper considers the dollar’s position as the leading international money. Neoclassical and Post Keynesian theories are applied to the case of the dollar to determine if it is losing its status as the key international currency, to what extent and why. To achieve this, the international functions of the dollar are looked at over time and analyzed according to the two perspectives.

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Nicholas, Howard
hdl.handle.net/2105/7178
International Political Economy and Development (IPED)
International Institute of Social Studies

Schmeidler, Lacey. (2008, January). Instability, Liquidity and World Money. International Political Economy and Development (IPED). Retrieved from http://hdl.handle.net/2105/7178