It takes the average reader 1 hour and 8 minutes to read Reserve Currencies in an Evolving International Monetary System by Alina Iancu
Assuming a reading speed of 250 words per minute. Learn more
Despite major structural shifts in the international monetary system over the past six decades, the US dollar remains the dominant international reserve currency. Using a newly compiled database of individual economies’ reserve holdings by currency, this departmental paper finds that financial links have been an increasingly important driver of reserve currency configurations since the global financial crisis, particularly for emerging market and developing economies. The paper also finds a rise in inertial effects, implying that the US dollar dominance is likely to endure. But historical precedents of sudden changes suggest that new developments, such as the emergence of digital currencies and new payments ecosystems, could accelerate the transition to a new landscape of reserve currencies.
Reserve Currencies in an Evolving International Monetary System by Alina Iancu is 67 pages long, and a total of 17,219 words.
This makes it 23% the length of the average book. It also has 21% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 34 minutes to read Reserve Currencies in an Evolving International Monetary System aloud.
Reserve Currencies in an Evolving International Monetary System is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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