Can BRICS De-dollarize the Global Financial System?
Series: Elements in the Economics of Emerging Markets;
- Publisher's listprice GBP 18.00
-
8 599 Ft (8 190 Ft + 5% VAT)
The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.
- Discount 20% (cc. 1 720 Ft off)
- Discounted price 6 880 Ft (6 552 Ft + 5% VAT)
Subcribe now and take benefit of a favourable price.
Subscribe
8 599 Ft
Availability
Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
Not in stock at Prospero.
Why don't you give exact delivery time?
Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Publisher Cambridge University Press
- Date of Publication 24 March 2022
- ISBN 9781009014625
- Binding Paperback
- No. of pages94 pages
- Size 228x151x6 mm
- Weight 151 g
- Language English 239
Categories
Short description:
BRICS have been de-dollarizing their trade, are they developing an alternative non-dollar global financial system?
MoreLong description:
Existing scholarship has not systematically examined BRICS (Brazil-Russia-India-China-South Africa) as a rising power de-dollarization coalition, despite the group developing multiple de-dollarization initiatives to reduce currency risk and bypass US sanctions. To fill this gap, this study develops a 'Pathways to De-dollarization' framework and applies it to analyze the institutional and market mechanisms that BRICS countries have created at the BRICS, sub-BRICS, and BRICS Plus levels. This framework identifies the leaders and followers of the BRICS de-dollarization coalition, assesses its robustness, and discerns how BRICS mobilizes other stakeholders. The authors employ process tracing, content analysis, semi-structured interviews, archival research, and statistical analysis of quantitative market data to analyze BRICS activities during 2009-2021. They find that BRICS' coalitional de-dollarization initiatives have established critical infrastructure for a prospective alternative nondollar global financial system. This title is also available as Open Access on Cambridge Core.
MoreTable of Contents:
1. Introduction; 2. A Coalitional De-dollarization Challenge?; 3. BRICS as a De-dollarization Coalition; 4. 'Go-it-Alone' Strategy: Establishing New Institutions and Market Mechanisms; 5. 'Reform-the-Status-Quo' Strategy: Remaking Existing Institutions and Markets; 6. Conclusion and Implications for Future Research.
More
Fury of Magnus
8 599 HUF
7 310 HUF
Abstract Machine: Humanities GIS
26 544 HUF
24 420 HUF
