Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?

Gustavo Moura De Cavalcanti MELLO; Paulo NAKATANI; Erebus WONG

doi:10.1007/978-3-030-82298-9_6

Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?

Gustavo Moura De Cavalcanti MELLO^*, Paulo NAKATANI, Erebus WONG

^*Corresponding author for this work

Lingnan University

Research output: Book Chapters | Papers in Conference Proceedings › Book Chapter › Research › peer-review

Abstract

This chapter is dedicated to study the prospects for maintaining the dollar as the world money in a world with the emergence of private and state cryptocurrencies. The main objective is to understand the differences between digital currencies, such as bitcoin, and sovereigns, such as the e-renminbi, in the light of the role played by money in the global dynamics of capital accumulation, and particularly its function as world money. It sets out to understand the impacts of the emergence of digital currencies on the international monetary system, and the place occupied in it by Brazil.

Original language	English
Title of host publication	Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?
Editors	Gustavo Moura de Cavalcanti MELLO, Henrique Pereira BRAGA
Publisher	Palgrave Macmillan, Cham
Chapter	6
Pages	143-182
Number of pages	40
ISBN (Electronic)	9783030822989
ISBN (Print)	9783030822972
DOIs	https://doi.org/10.1007/978-3-030-82298-9_6
Publication status	Published - 2022

Publication series

Name	Marx, Engels, and Marxisms
ISSN (Print)	2524-7123
ISSN (Electronic)	2524-7131

Bibliographical note

Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Keywords

Brazil
Capitalism
Digital currencies
Dollar hegemony

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1007/978-3-030-82298-9_6

https://link.springer.com/10.1007/978-3-030-82298-9_6

Cite this

MELLO, G. M. D. C., NAKATANI, P., & WONG, E. (2022). Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money? In G. M. D. C. MELLO, & H. P. BRAGA (Eds.), Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money? (pp. 143-182). (Marx, Engels, and Marxisms). Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-82298-9_6

MELLO, Gustavo Moura De Cavalcanti ; NAKATANI, Paulo ; WONG, Erebus. / Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?. Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?. editor / Gustavo Moura de Cavalcanti MELLO ; Henrique Pereira BRAGA. Palgrave Macmillan, Cham, 2022. pp. 143-182 (Marx, Engels, and Marxisms).

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MELLO, GMDC, NAKATANI, P & WONG, E 2022, Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money? in GMDC MELLO & HP BRAGA (eds), Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?. Marx, Engels, and Marxisms, Palgrave Macmillan, Cham, pp. 143-182. https://doi.org/10.1007/978-3-030-82298-9_6

Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money? / MELLO, Gustavo Moura De Cavalcanti; NAKATANI, Paulo; WONG, Erebus.
Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?. ed. / Gustavo Moura de Cavalcanti MELLO; Henrique Pereira BRAGA. Palgrave Macmillan, Cham, 2022. p. 143-182 (Marx, Engels, and Marxisms).

Research output: Book Chapters | Papers in Conference Proceedings › Book Chapter › Research › peer-review