Skip to main content

dollar karachi Asif Hassan/AFP via Getty Images

Is the US Dollar’s Global Hegemony at Risk?

The Big Question is a new feature in which Project Syndicate commentators provide compelling answers to a timely question.

With Russia’s invasion of Ukraine and the resulting Western sanctions likely to fragment the global economy further, some think the US dollar’s long reign as the world’s favored reserve currency may be coming to an end. But, with no plausible alternatives to the greenback on the horizon, how realistic is such a scenario?

In this Big Question, we ask Barry Eichengreen, Şebnem Kalemli-Özcan, Paola Subacchi, and Yu Yongding to address the latest doubts about the dollar’s global supremacy.

Featured in this Big Question

  1. Barry EichengreenBarry Eichengreen
  2. Şebnem   Kalemli-Özcan Şebnem Kalemli-Özcan
  3. Paola SubacchiPaola Subacchi
  4. Yu YongdingYu Yongding

To continue reading, register now. It’s free!

Register Now

https://prosyn.org/Y4Z7sR1;

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.