Tags: reserve currency

Michael Pettis: Dollar as Reserve Currency is Huge U.S. Burden

September 9th, 2011
in econ_news

Econintersect:  Global Economic Intersection contributing author Michael Pettis has an article published September 7 in Foreign Policy which says the U.S. would benefit greatly if the dollar were no longer used as the world reserve currency.  Pettis pres… more »

BRICs: Common Interests, Lacking Solutions

April 30th, 2011
in econ_news

Econintersect (reported by Sanjeev Kulkarni):  The April BRIC conference, which included South Africa in addition to Brazil, Russia, India and China, released the official conference declaration this week. During the conference it was clear that the or… more »