A powerful new understanding of global currency trends, including the rise of the Chinese yuanAt first glance, the modern history of the global economic system seems to support the long-held view that the leading world power’s currency—the British pound, the U.S. dollar, and perhaps someday the Chinese yuan—invariably dominates international trade and finance. In How Global Currencies Work, three noted economists provide a reassessment of this history and ...

Sous le co-pilotage de Bruno Cabrillac et de Pierre Jaillet, le numéro 161 de la Revue d’économie financière s’inscrit dans le prolongement du numéro 160 sur les mutations géopolitiques et ses conséquences géoéconomiques. Il est publié en versions française et anglaise.Le premier volume (« l’ère des ruptures ») analysait les conséquences géoéconomiques d’une polycrise systémique révélatrice des tensions suscitées par une phase de mondialisation accélérée accompagn...

Under the co-direction of Bruno Cabrillac and Pierre Jaillet, issue 161 of the Revue d’économie financière is an extension of issue 160 on geopolitical shifts and their geoeconomic consequences. It is being published both in French and English.The first volume (“The Era of Disruption”) analyzed the geoeconomic consequences of a systemic “polycrisis”, which has revealed the tensions arising from a phase of rapid globalization coupled with economic disruption. Issue 161 (“Th...