The Future of the Global Monetary System

DOI

10.2991/icmesd-19.2019.49How to use a DOI?

Keywords

World monetary system, Dollar, Euro, RMB, Reserve currencies, Foreign exchange, Gold, Cryptocurrencies, Financial market, International reserves, International settlements, Financial crisis, Global instability.

Abstract

The article is devoted to the reasons of global financial instability and the forecast of the development of the world monetary system. The roles and prospects of the United States, the European Union and BRICS countries are considered. Analyzed the role and place of gold in the present and future. A review and evaluation of cryptocurrency as an alternative to traditional money is given. At the end of the article, the most likely scenarios for the transformation of the world monetary system are presented.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Vladimir Grigoriev
PY  - 2019/07
DA  - 2019/07
TI  - The Future of the Global Monetary System
BT  - Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019)
PB  - Atlantis Press
SP  - 333
EP  - 339
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmesd-19.2019.49
DO  - 10.2991/icmesd-19.2019.49
ID  - Grigoriev2019/07
ER  -