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dc.rights.licenseopenAccess-
dc.contributor.authorJanković, Nenad-
dc.date.accessioned2021-06-16T09:20:06Z-
dc.date.available2021-06-16T09:20:06Z-
dc.date.issued2018-
dc.identifier.citationJanković, N. [2018]. Perspektive međunarodnog monetarnog sistema. Ekonomski horizonti, 20(1), 75-89.en_US
dc.identifier.issn1450-863Xen_US
dc.identifier.urihttps://scidar.kg.ac.rs/handle/123456789/13326-
dc.description.abstractDuring the 20th century, the dollar gained the status of the world’s most important currency. Therefore, the Bretton Woods International Monetary System was based on the dollar. However, in the 1970s, the situation changed significantly - demand for dollars declined, the currencies of the most important European countries became convertible, the volume of international trade increased greatly, international capital flows were liberalized, the external convertibility of the dollar to gold was abolished, and the currencies began to fluctuate. In this way, the original Bretton Woods international monetary system ceased to exist. In addition to the changes, the functioning of the international monetary system is greatly impacted by the fact that the United States recorded an increasing amount of current account deficits from year to year and, in the 1980s, moved from the position of the net creditor to that of the net debtor, that the euro was created on the soil of the EU and that China became the world’s largest exporter and one of the largest (if not the largest) world economies. For this reason, the theoretical assumptions of the international monetary system are systematized in the paper, the role of other world currencies is examined, and the question of why the dollar continues to be the dominant world currency is answered.en_US
dc.language.isoenen_US
dc.publisherFaculty of Economics, University of Kragujevac, Kragujevac, The Republic of Serbiaen_US
dc.rightsinfo:eu-repo/semantics/openAccess-
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/-
dc.sourceEkonomski horizontien_US
dc.subjectBretton Woods International Monetary Systemen_US
dc.subjectdollaren_US
dc.subjecteuroen_US
dc.subjectyuanen_US
dc.subjectworld currencyen_US
dc.titlePerspectives of the international monetary systemen_US
dc.typearticleen_US
dc.description.versionPublisheden_US
dc.identifier.doi10.5937/ekonhor1801075Jen_US
dc.type.versionPublishedVersionen_US
Налази се у колекцијама:Faculty of Economics, Kragujevac

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