rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Can BRICS de-dollarize the global financial system?
  name:
    name part: Liu, Zongyuan Zoe
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Papa, Mihaela
    role:
      role term: author.
  name:
    name part: Cambridge University Press
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: enk
    date issued: 2022
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (85 pages).
  abstract: Existing scholarship has not systematically examined BRICS (Brazil-Russia-India-China-South Africa) as a rising power de-dollarization coalition, despite the group developing multiple de-dollarization initiatives to reduce currency risk and bypass US sanctions. To fill this gap, this study develops a 'Pathways to De-dollarization' framework and applies it to analyze the institutional and market mechanisms that BRICS countries have created at the BRICS, sub-BRICS, and BRICS Plus levels. This framework identifies the leaders and followers of the BRICS de-dollarization coalition, assesses its robustness, and discerns how BRICS mobilizes other stakeholders. The authors employ process tracing, content analysis, semi-structured interviews, archival research, and statistical analysis of quantitative market data to analyze BRICS activities during 2009-2021. They find that BRICS' coalitional de-dollarization initiatives have established critical infrastructure for a prospective alternative nondollar global financial system. This title is also available as Open Access on Cambridge Core.
  table of contents: A coalitional de-dollarization challenge? -- BRICS as a de-dollarization coalition -- "Go-it-alone" strategy : establishing new institutions and market mechanisms -- "Reform-the-status-quo" strategy : remaking existing institutions and markets -- Conclusion and implications for future research.
  note: Zongyuan Zoe Liu, Mihaela Papa.
  note: Includes bibliographical references (pages 68-85).
  subject:
    geographic code: s-bl---
    geographic code: e-ru---
    geographic code: a-ii---
    geographic code: a-cc---
    geographic code: f-sa---
  subject:
    geographic: BRIC countries
    topic: Foreign economic relations
  subject:
    geographic: BRIC countries
    topic: Commercial policy
  subject:
    topic: Monetary policy
    geographic: BRIC countries
  subject:
    topic: Dollarization
  subject:
    topic: International trade
  subject:
    geographic: Pays du BRICS
    topic: Politique commerciale
  subject:
    geographic: Pays du BRICS
    topic: Relations économiques extérieures
  subject:
    topic: Commerce international
  subject:
    topic: Dollarisation
  subject:
    topic: Commercial policy
  subject:
    topic: Dollarization
  subject:
    topic: International economic relations
  subject:
    topic: International trade
  subject:
    topic: Monetary policy
  subject:
    geographic: BRIC countries
  classification: HF1413
  classification: 382/.3091724
  related item:
    title info:
      title: Can BRICS de-dollarize the global financial system?
    name:
      name part: Liu, Zongyuan Zoe.
  related item:
    title info:
      title: Cambridge elements
      part name: Elements in the economics of emerging markets
  identifier: 9781009029544
  identifier: 1009029541
  identifier: 9781009014625
  identifier: 2022361258
  identifier: https://doi.org/10.1017/9781009029544
  record info:
    record content source: DLC
    record creation date: 231213
    record change date: 20240206231851.5
    record identifier: in00004771468
    language of cataloging:
      language term: eng