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Advances in Politics and Economics
Article . 2018 . Peer-reviewed
License: CC BY
Data sources: Crossref
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Advances in Politics and Economics
Article
License: CC BY
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Exchange Rate and World Currency

Authors: Fengquan Liu;

Exchange Rate and World Currency

Abstract

<p><em><em>This paper explores the derivation of exchange rate and the way of world currency issuing, and some findings are captured as: the world’s currency demand is equal to the global export increment, and that every nation’s world currency needs should equal to their own export increment. Currently, there are issues with the existing world currency system, which many countries or regions call for change. Because all the existing proposals in the field have their constraints, so this paper suggests that the world central bank issuing a global currency with which each country would take its own share and maintain that the world currency supply to be equal to the global export increments. This will be more sustainable for international business and this theory of world currency does have advantage over existing systems.</em></em></p>

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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