Li Jiahui, Arzhaev F.I. Transformation of international Ŧnance and dedollarization of national economies

Authors

  • admin admin

Keywords:

international finance, reserve currencies, national currencies, international payments, geopolitics

Abstract

During 2022 and 2023, international finance has undergone significant changes, which is reflected in a significant transformation of international finance and a shift from unipolarity of economic decision-making centers in the world to multipolarity of decisions that take into account the national interests of different countries. One of the key factors in the transformation of international finance is dedollarization as the process of rejection of the dollar as an international means of payment and settlement. The object of the study is international finance. Subject of the study - international means of payment and settlement. The aim of the study is to theoretically reveal the content of transformation of international finance and the content of dedollarization of national economies. The article reveals that the international campaign for dedollarization is gaining momentum, as the world's states seek to find alternatives to the economic and political dominance of the American dollar. The reasons leading to dedollarization in different countries are highlighted, which represent similar motives, according to the general theoretical analysis of various sources.

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Published

2024-04-25

How to Cite

admin, admin. (2024). Li Jiahui, Arzhaev F.I. Transformation of international Ŧnance and dedollarization of national economies. DISCUSSION | Journal of Scientific Publications on Economic ISSN 2077-7639, 122(1), 140–146. Retrieved from https://discussionj.ru/index.php/polemik/article/view/159

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