China's PBoC governor Zhou reopened the debate on the global monetary standard when he suggested in March 2009 that the world use the IMF's SDR (special drawing rights) as a new global reserve currency instead of the U.S. dollar. This would de-link the global reserve currency from the economic and political travails of any one country. Russia, Brazil and some Asian countries support the calls for currency reform but U.S. officials dismiss the idea.
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Dec 18, 2009
International Monetary Transmission and Exchange Rate Regimes: Floaters vs. Non-Floaters
Jul 22, 2009
Super reserve currency – a solution looking for a problem?
Kennedy School of Government, Harvard University
Jun 19, 2009
On Global Currency Issues: What's Out and What's In
Jun 20, 2009
Shifting wealth: Is the US dollar Empire falling?
World Politics Review
May 22, 2009
Liquidity Swaps Presage Battle for Currency Supremacy
Hong Kong Institute for Monetary Research
May 26, 2009
Renminbi as an International Currency: Potential and Policy Considerations
May 19, 2009
Reform of the International Monetary System: The optimal and the realistic solutions
May 18, 2009
Who's Afraid of a New Reserve Currency?
May 03, 2009
Commercialize the SDR
American Enterprise Institute
May 07, 2009
A Dollar Collapse Will Hurt China
Standard & Poor's
Apr 24, 2009
The role of the dollar called into question
Apr 24, 2009
Can IMF Currency Replace the Dollar?
ING Investment Management
Apr 20, 2009
Reserve currency: Death-knell for the dollar?
Apr 09, 2009
Is Governor Zhou a closet Bernanke-ite?
Apr 03, 2009
The Dangers of a New Global Reserve Currency
Mar 27, 2009
Reform is needed. Reform is in the air. We can't afford to fail
The U.S. Dollar and its Role in the International Monetary Order
Jan 8, 2001
On Why Not a Global Currency?
Morgan Stanley Global Economic Forum
Mar 31, 2008
Currencies: Reassessing the Reserve Currency Status of the USD