THE IMPACT OF THE CHANGING ROLE OF THE DOLLAR ON THE STABILITY OF THE NATIONAL FINANCIAL SYSTEM

Authors

  • Makhkamov Temur Rustamovich, Author
  • Rukhsora Mukhammedova, Author

Abstract

The article is devoted to the study of the causes, factors, manifestations and consequences of dedollarization of the world economy. The main events that had the greatest impact on the US dollar receiving the status of a world reserve currency are identified and analyzed.

References

1. B. I. Alekhine, “Creeping” De-Dollarization of the Global Economy // International Economics. - 2023. - No. 1. - pp. 4-22.

2. L. M. Borsch, Financial Security of the Russian Financial System: Current Challenges and Threats // Scientific Bulletin: Finance, Banks, Investments. - 2022. - No. 1 (58). - pp. 5-17.

3. E. M. Dudkova, De-Dollarization in the EAEU Member States // Scientific and Analytical Bulletin of the Institute of Europe of the Russian Academy of Sciences. - 2019.-№5.- pp. 85-91

4. M. V. Zharikov, Problems of De-Dollarization of the Russian Economy // Theory and Practice of Social Development. - 2019. - No. 2 (132).

5. D. V. Kozlova, E.S. Nikitina, O.A. Novitskaya De-dollarization of the economy as a condition for strengthening the influence of regional currencies / // Reports Scientific Society. - 2023. - No. 8 (40). - P. 34-38.

6. Yu. B. Kravchenko De-dollarization of the global economy: trends and prospects // Economic strategies. - 2023. - Vol. 25, No. 4 (190). - P. 40-47.

7. Ya. A. Sapach De-dollarization of the Russian and Chinese national economies // International journal of humanities and natural sciences. - 2023. - No. 3-3 (78). - P. 182-184.

8. R. Gouvea, M. Gutierrez De-Dollarization: The Harbinger of a New Globalization Architecture? / // Theoretical Economics Letters. — 2023. — Vol. 13. - Pp. 791–807.

9. W.F. Abdelati. International Experience of De-Dollarization // USA: International Monetary Fund.

10. Rosen Phil. Dollar dominance could give way to a ‘tripolar’ currency system as China’s yuan and the euro rise on the world stage / Phil Rosen [Electronic Resource] // Markets Insider, 2023.

11. Richardson Alex. Global Move to End Reliance on US Dollar Underway, With Nations Buying Gold in a ‘Very Big Way’: Ex-Morgan Stanley Head / [Electronic Resource] // The Daily Hodl, 2023.

Downloads

Published

2026-08-20

Issue

Section

Articles