This study develops a 'Pathways to De-dollarization' framework and applies it to analyze the institutional and market mechanisms that BRICS (Brazil-Russia-India-China-South Africa) countries have created at the BRICS, sub-BRICS, and BRICS Plus levels. This title is also available as Open Access on Cambridge Core.
This study develops a 'Pathways to De-dollarization' framework and applies it to analyze the institutional and market mechanisms that BRICS (Brazil-Russia-India-China-South Africa) countries have created at the BRICS, sub-BRICS, and BRICS Plus levels. This title is also available as Open Access on Cambridge Core.
1. Introduction; 2. A Coalitional De dollarization Challenge?; 3. BRICS as a De dollarization Coalition; 4. 'Go it Alone' Strategy: Establishing New Institutions and Market Mechanisms; 5. 'Reform the Status Quo' Strategy: Remaking Existing Institutions and Markets; 6. Conclusion and Implications for Future Research.
1. Introduction; 2. A Coalitional De dollarization Challenge?; 3. BRICS as a De dollarization Coalition; 4. 'Go it Alone' Strategy: Establishing New Institutions and Market Mechanisms; 5. 'Reform the Status Quo' Strategy: Remaking Existing Institutions and Markets; 6. Conclusion and Implications for Future Research.
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