The Future of the United States Dollar. Atlantic Council. Michael Greenwald. December 4, 2020.
The US economy and the power of the dollar have been unmatched since the time of the Bretton Woods agreement. The privilege of having the dollar serve as the global reserve currency enables the United States to weaponize its currency and leverage effective sanctions on rogue nations such as North Korea and Iran. However, some of the same strategies have not worked in relation to other important global players such as China.
It is critical that the United States continues to look forward and prepare for the future. This report provides a comprehensive overview of the impact of COVID on economic statecraft, the role of the dollar in great power competition, and the era of digital currencies. [Note: contains copyrighted material].
[PDF format, 29 pages].
Information Resource Center 