Object

Rights:

The Polish Institute of International Affairs (PISM)

Abstract:

The dollar’s role in the world’s economy has been slowly diminishing but it will still be the most important global currency in the coming decades. Recent difficulties related to its use, including high financing costs for foreign borrowers resulting from U.S. interest rate increases, and sanctions imposed by the administration, may open up opportunities for other currencies, though this will not lead to fundamental changes. It is beneficial for Poland that the dollar’s strong position is maintained, which it can support by emphasising in contacts with the American administration the negative consequences of U.S. monetary policy for developing countries and suggesting measures to offset them.

Place of Publishing:

Warsaw

Digitisation Sponsor:

The Polish Institute of International Affairs (PISM)

Publisher:

The Polish Institute of International Affairs (PISM)

Issued:

2024.02.14

Format:

PDF

Extent:

620 KB

Identifier:

oai:digit.pism.pl:4575

Source:

PISM Bulletin no. 23 (2331), 2024

Language:

eng

Is Version Of:

Biuletyn PISM nr 23 (2833), 2024

Rights Holder:

The Polish Institute of International Affairs (PISM)

Location of Physical Object:

Library of the Polish Institute of International Affairs (PISM)