Russia and Financial World: on the Threshold of System Transformations
The modern global financial system is based on unlimited dollar issuance, which is backed by a key reserve asset – US debt obligations. The concept of official foreign exchange reserves promoted by the IMF puts in a privileged position the countries with reserve currencies, primarily the United Stat...
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Format: | Article |
Language: | Russian |
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Centre of Regional Research
2020-06-01
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Series: | Problemy Postsovetskogo Prostranstva |
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Online Access: | https://www.postsovietarea.com/jour/article/view/243 |