Global Currencies During a Crisis: Swap Line Use Reveals the Crucial Ones
Poglobljena analiza
15-05-2020
The current crisis has confirmed the importance of the currency swap lines offered by the Federal Reserve. They enhance the role of the USD as the dominant global currency. However, one should not expect much impact on the international role of the euro when the ECB offers similar currency swap lines. Currency competition is not won by competing on the generosity of currency swap lines. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs.
Poglobljena analiza
Zunanji avtor
Daniel GROS, Angela CAPOLONGO
O dokumentu
Vrsta publikacije
Politično področje
Ključna beseda
- Amerika
- denarni odnosi
- denarno poslovanje
- dogovor o zamenjavi (swap)
- ekonomska geografija
- euro
- Evropska centralna banka
- EVROPSKA UNIJA
- FINANCE
- finančna stabilnost
- GEOGRAFIJA
- institucije EU in evropska javna uprava
- likvidnost denarnega trga
- mednarodna valuta
- monetarna politika
- nacionalna valuta
- politična geografija
- prost pretok kapitala
- rezervna valuta
- Združene države