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Dollar Dominance is Financial Dominance — Orsola Costantini

Summary:
What Strategies can Break This Dependency?The dollar system has proven resilient in the face of recent extreme and unexpected shocks, but it has also failed to foster sustainable growth and prosperity. Can it survive its contradictions? Evidence from the latest Trade and Development Report of UNCTAD suggests better South-South and commodity producers-consumers agreements are needed, on the way to a more inclusive international monetary system.INETDollar Dominance is Financial DominanceOrsola Costantini, Economic Affairs Officer​, UNCTAD

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What Strategies can Break This Dependency?
The dollar system has proven resilient in the face of recent extreme and unexpected shocks, but it has also failed to foster sustainable growth and prosperity. Can it survive its contradictions? Evidence from the latest Trade and Development Report of UNCTAD suggests better South-South and commodity producers-consumers agreements are needed, on the way to a more inclusive international monetary system.
INET
Dollar Dominance is Financial Dominance
Orsola Costantini, Economic Affairs Officer​, UNCTAD
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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