Stablecoins, Central Bank Digital Currencies and US Dollar Hegemony

References

Aggarwal, P. (2018). How U.S. sanctions are fostering innovative strategies for resiliency in Russia. The Fletcher School-Tufts University. Available at https://sites.tufts.edu/fletcherrussia/parv-aggarwal-how-u-s-sanctions-are-fostering-innovative-strategies-for-resiliency-in-russia.Suche in Google Scholar

Amato, M., & Fantacci, L. (2012). The end of finance. Cambridge, UK: Polity Press.Suche in Google Scholar

Amato, M., & Fantacci, L. (2020). A fistful of bitcoin. Risks and opportunities of virtual currencies. Milano: Bocconi University Press.Suche in Google Scholar

Anchustegui, I. H., & Hunter, T. S. (2019). Oil as currency: Venezuela’s Petro, a new “Oil Pattern”?, OGEL. Available at: https://www.ogel.org/journal-advance-publication-article.asp?key=588.Suche in Google Scholar

Armijo, L. E., & Katada, S. N. (2015). Theorizing the financial statecraft of emerging powers. New Political Economy, 20(1), 42–62. https://doi.org/10.1080/13563467.2013.866082.Suche in Google Scholar

Bank for International Settlements (2018). Central bank digital currencies. Available at: https://www.bis.org/cpmi/publ/d174.pdf.Suche in Google Scholar

Barontini, C., & Holden, H. (2019). Proceeding with caution – A survey on central bank digital currency. BIS papers n.101.Suche in Google Scholar

Bindseil, U. (2020). Tiered CBDC and the financial system, ECN working paper series n. 2351.10.2139/ssrn.3513422Suche in Google Scholar

Biondi, Y. (2017). Banking, money and credit: A systemic perspective accounting. Economics, and Law: A Convivium, 8(2), 1–26.10.1515/ael-2017-0047Suche in Google Scholar

Bräutigam, D., & Gallagher, K. (2014). Bartering globalization: China’s commodity-backed finance in Africa and Latin America. Global Policy, 5(3), 346–352. https://doi.org/10.1111/1758-5899.12138.Suche in Google Scholar

Bullmann, D., Klemm, J., & Pinna, A. (2019). In search for stability in crypto-assets: Are stablecoins the solution? ECB occasional paper series n. 230.10.2139/ssrn.3444847Suche in Google Scholar

Carney, M. (2019). The growing challenges for monetary policy in the current international monetary and financial system. Speech given by the Governor of the Bank of England at the Jackson Hole Symposium 2019. Available at https://www.bis.org/review/r190827b.htm.Suche in Google Scholar

Christie, E. H. (2016). The design and impact of Western economic sanctions against Russia. The RUSI Journal, 161(3), 52–64. https://doi.org/10.1080/03071847.2016.1193359.Suche in Google Scholar

Cohen, B. J. (1977). Hegemony. In B. J. Cohen (Ed.), Organizing the world’s money. London: Palgrave Macmillan.10.1007/978-1-349-04006-3Suche in Google Scholar

Coll, S. (2012). Private empire. Exxon Mobil and American power. New York: Penguin Books.Suche in Google Scholar

Cook, S., & Soramäki, K. (2014). The global network of payment flows. SWIFT Institute Working Paper n. 06.Suche in Google Scholar

Coppola, F. (2019). Tether’s U.S. dollar peg is no longer credible. Forbes. Available at: https://www.forbes.com/sites/francescoppola/2019/03/14/tethers-u-s-dollar-peg-is-no-longer-credible/#3ed27bb9451b.Suche in Google Scholar

Craig, B., & von Peter, G. (2014). Interbank tiering and money center banks. Journal of Financial Intermediation, 23(3), 322–347. https://doi.org/10.1016/j.jfi.2014.02.003.Suche in Google Scholar

Eichengreen, B. (1987). Hegemonic stability theories of the internatioanl monetary system. NBER Working Paper, (2193).10.3386/w2193Suche in Google Scholar

Eichengreen, B. (2011). Exorbitant privilege: The rise and fall of the dollar and the future of the international monetary system. New York: Oxford University Press.Suche in Google Scholar

Einzig, P. (1973). The Euro-dollar system. Practice and theory of international interest rates (5th ed.). London: MacMillan.Suche in Google Scholar

Fantacci, L. (2017). Reconciling money and goods: Keynes’s commodity and currency plans for the postwar world. Annals of the Fondazione Luigi Einaudi, LI, 149–176. https://doi.org/10.26331/1008.Suche in Google Scholar

Fantacci, L. (2019). Cryptocurrencies and the Denationalization of Money. International Journal of Political Economy, 48(2), 105–126. https://doi.org/10.1080/08911916.2019.1624319.Suche in Google Scholar

Fantacci, L., & Gobbi, L. (2018). Mobile capital as the ultimate form of war finance. In J. Pixley, & H. Flam (Eds.), Critical junctures in mobile capital (pp. 93–112). Cambridge: Cambridge University Press.10.1017/9781316995327.005Suche in Google Scholar

Farrel, H., & Newman, A. L. (2019). Weaponized interdependence: How global economic networks shape state coercion. International Security, 44(1), 42–79.10.1162/isec_a_00351Suche in Google Scholar

Giuminelli, F. (2018). The redistributive impact of restrictive measures on EU members: Winners and losers from imposing sanctions on Russia. Journal of Common Market Studies, 55(5), 1062–1080.10.1111/jcms.12548Suche in Google Scholar

Gramsci, A. (1996). Antonio Gramsci Prison notebooks. Vol. II. New York: Columbia University Press; orig. It. version Quaderni del carcere, Torino: Einaudi, 1948–1951.Suche in Google Scholar

Green, E. (2008). Some challenges for research in payment systems. In A. Haldane, S. Millards, & V. Saporta (Eds.), The future of payment systems. Milton Park: Routhledge.Suche in Google Scholar

Humphrey, C., & Michaelowa, K. (2018). China in Africa: Competition for traditional development finance institutions? World Development, 120(61), 15–28.10.1016/j.worlddev.2019.03.014Suche in Google Scholar

Kaminska, I. (2017). Crypto tethers as the new eurodollars. Financial Times. Available at: https://ftalphaville.ft.com/2017/09/15/2193370/crypto-tethers-as-the-new-eurodollars/.Suche in Google Scholar

Kindleberger, C. P. (1973). The World in Depression, 1929–1939. Berkeley, Los Angeles, London: University of California Press.Suche in Google Scholar

Kirkpatrick, K., Savage, C., Johnston, R., & Hanson, M. (2019). Virtual currency in sanctioned jurisdictions: Stepping outside of SWIFT. The Journal of Investment Compliance, 20(2), 39–44. https://doi.org/10.1108/joic-04-2019-0019.Suche in Google Scholar

Kumhof, M., & Noone, C. (2018). Central bank digital currencies — Design principles and balance sheet implications. BOE Staff Working Paper n.725.10.2139/ssrn.3180713Suche in Google Scholar

Laya, P., & Andrianova, A. (2019). Weary of sanctions, Venezuela mulls using Russian payment system. Bloomberg. Avaialble at https://www.bloomberg.com/news/articles/2019-07-16/weary-of-sanctions-venezuela-mulls-using-russian-payment-system.Suche in Google Scholar

Lichtblau, E., & Risen, J. (2006). Bank data are sifted by US in secret to block terror. The New York Times. Available at https://www.nytimes.com/2006/06/23/washington/23intel.html.Suche in Google Scholar

Mundell, R. A. (1961). A theory of optimum currency areas. The American Economic Review, 51(4), 657–665.Suche in Google Scholar

Murphy, H., & Yang, Y. (2020). Patents reveal extent of China’s digital currency plan. Financial Times. Available at https://www.ft.com/content/f10e94cc-4d74-11ea-95a0-43d18ec715f5.Suche in Google Scholar

Oppers, S. E. (1996). Was the worldwide shift to gold inevitable? An analysis of the end of bimetallism. Journal of Monetary Economics, 37(1), 143–162. https://doi.org/10.1016/0304-3932(95)01238-9.Suche in Google Scholar

Ostroukh, A. (2019). Russia says BRICS nations favour idea of common payment system, Reuters Available at https://www.reuters.com/article/uk-brics-summit-russia-fx/russia-says-brics-nations-favour-idea-of-common-payment-system-idUSKBN1XO1KQ.Suche in Google Scholar

Panetta, F. (2020). The two sides of the (stable)coin. Speech by Fabio Panetta, Member of the Executive Board of the ECB, at Il Salone dei Pagamenti 2020.Suche in Google Scholar

Popper, N., & Isaac, M. (2020). Facebook-backed libra cryptocurrency project is scaled back. The New York Times. Available at https://www.nytimes.com/2020/04/16/technology/facebook-libra-cryptocurrency.html.Suche in Google Scholar

Prasad, E. S. (2017). Gaining currency: The rise of the renminbi. New York: Oxford University Press.10.1093/acprof:oso/9780190631055.001.0001Suche in Google Scholar

Purnanandam, A. (2011). Originate-to-distribute model and the subprime mortgage crisis. The Review of Financial Studies, 24(6), 1881–1915. https://doi.org/10.1093/rfs/hhq106.Suche in Google Scholar

Ricks, M. (2016). The money problem. Chicago: The University of Chicago Press.10.7208/chicago/9780226330464.001.0001Suche in Google Scholar

Seddon, M., & Arnold, M. (2018). Putin considers ‘cryptorouble’ as Moscow seeks to evade sanctions. Financial Times. Available at https://www.ft.com/content/54d026d8-e4cc-11e7-97e2-916d4fbac0da.Suche in Google Scholar

Shubik, H., & Verkerke, J. H. (1989). Open questions in defense economics and economic warfare. Journal of Conflict Resolution, 33(3), 480–499. https://doi.org/10.1177/0022002789033003006.Suche in Google Scholar

Tooze, A. (2018). Crashed: How a decade of financial crises changed the world. London, Allen Lane and New York: Viking.Suche in Google Scholar

Triffin, R. (1960). Gold and the dollar crisis: The future of convertibility. New Haven, CT: Yale University Press.Suche in Google Scholar

US Department of the Treasury (2020). Terrorist finance tracking program. Available at: https://home.treasury.gov/policy-issues/terrorism-and-illicit-finance/terrorist-finance-tracking-program-tftp.Suche in Google Scholar

Villasanta, A. (2019). China, India and Russia are abandoning SWIFT. Business Times. Available at https://www.btimesonline.com/articles/122708/20191202/china-india-russia-abandoning-swift.htm.Suche in Google Scholar

Wagstaff, J., & Bergin, T. (2017). SWIFT messaging system bans North Korean banks blacklisted by U.N., Reuters. Available at https://www.reuters.com/article/us-northkorea-banks-swift/swift-messaging-system-bans-north-korean-banks-blacklisted-by-u-n-idUSKBN16F0NI.Suche in Google Scholar

Wriston, W. (1988). Technology and sovereignty. Foreign Affairs, 67, 63–75. https://doi.org/10.2307/20043773.Suche in Google Scholar