World reserve currencies: The dollar and its rivals

Moscow: Gaidar Institute Press, 2025. –  112 p.

ISBN 978-5-93255-689-4

The study is focused on the analysis of trends in the development of the world economy, the study of the characteristics of the implementation of monetary and fiscal policy by the world's major economies and identification of the prospects of the U.S. dollar as an international reserve currency and the currency of international settlements. Particular attention is paid to the discussion of the issue of global imbalances as a characteristic feature of the modern world economy. Potential scenarios of choosing priorities of the US economic policy depending on external and internal parameters of the economy are examined.