Geopolitics and the global economy

IF 2.8 2区经济学 Q2 BUSINESS, FINANCE

Journal of International Money and Finance Pub Date : 2024-07-03 DOI:10.1016/j.jimonfin.2024.103124

Barry Eichengreen

引用次数: 0

Abstract

Hyperglobalization is dead, but globalization is very much alive. It is being reshaped by loosening economic and financial links between the United States and China. The extent of their decoupling should not be exaggerated, however. The two economies remain deeply interdependent, and their interdependence is being preserved by a re-routing of trade and investment through third countries. Similarly, it is important not to exaggerate the impact on the international role of the dollar, if for no other reason that for the time being there is no viable alternative.

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地缘政治与全球经济

超全球化已死，但全球化还活着。中美两国经济和金融联系的松动正在重塑全球化。然而，不应夸大两国脱钩的程度。中美两国的经济仍然高度相互依存，而它们之间的相互依存正通过第三国贸易和投资的重新布局而得以保持。同样，也不应夸大美元的国际作用所受到的影响，因为目前还没有其他可行的替代货币。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of International Money and Finance BUSINESS, FINANCE-

CiteScore

4.20

自引率

4.00%

发文量

141

期刊介绍： Since its launch in 1982, Journal of International Money and Finance has built up a solid reputation as a high quality scholarly journal devoted to theoretical and empirical research in the fields of international monetary economics, international finance, and the rapidly developing overlap area between the two. Researchers in these areas, and financial market professionals too, pay attention to the articles that the journal publishes. Authors published in the journal are in the forefront of scholarly research on exchange rate behaviour, foreign exchange options, international capital markets, international monetary and fiscal policy, international transmission and related questions.