{"id":7264,"date":"2014-07-27T15:24:20","date_gmt":"2014-07-27T12:24:20","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=7264"},"modified":"2014-08-05T14:59:58","modified_gmt":"2014-08-05T11:59:58","slug":"why-is-financial-stability-essential-for-key-currencies-in-the-international-monetary-system","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/why-is-financial-stability-essential-for-key-currencies-in-the-international-monetary-system\/","title":{"rendered":"Why is financial stability essential for key currencies in the international monetary system?"},"content":{"rendered":"<p align=\"left\">Linda Goldberg, Signe Krogstrup, John Lipsky, H\u00e9l\u00e8ne Rey.<\/p>\n<p align=\"left\">The dollar\u2019s dominant role in international trade and finance has proved remarkably resilient. This column argues that financial stability \u2013 and the policy and institutional frameworks that underpin it \u2013 are important new determinants of currencies\u2019 international roles. While old drivers still matter, progress achieved on financial-stability reforms in major currency areas will greatly influence the future roles of their currencies.<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.voxeu.org\/article\/new-thinking-reserve-currency-status\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Linda Goldberg, Signe Krogstrup, John Lipsky, H\u00e9l\u00e8ne Rey. The dollar\u2019s dominant role in international trade and finance has proved remarkably resilient. This column argues that financial stability \u2013 and the policy and institutional frameworks that underpin it \u2013 are important new determinants of currencies\u2019 international roles. While old drivers still matter, progress achieved on financial-stability [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39,4],"tags":[28],"class_list":["post-7264","post","type-post","status-publish","format-standard","hentry","category-18","category-39","category-proposals","tag-28"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=7264"}],"version-history":[{"count":3,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7264\/revisions"}],"predecessor-version":[{"id":7278,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7264\/revisions\/7278"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=7264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=7264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=7264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}