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Financial Sanctions and the US-Dollar

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  2. Economics, Finance, Business & Management
  3. Vierteljahreshefte zur Arbeits- und Wirtschaftsforschung
  4. Vol. 2, Issue 2
  5. pp. 197–212

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Hefeker, C. Financial Sanctions and the US-Dollar. Vierteljahreshefte zur Arbeits- und Wirtschaftsforschung, 2(2), 197-212. https://doi.org/10.3790/vaw.2025.1457704
Hefeker, Carsten "Financial Sanctions and the US-Dollar" Vierteljahreshefte zur Arbeits- und Wirtschaftsforschung 2.2, 2025, 197-212. https://doi.org/10.3790/vaw.2025.1457704
Hefeker, Carsten (2025): Financial Sanctions and the US-Dollar, in: Vierteljahreshefte zur Arbeits- und Wirtschaftsforschung, vol. 2, iss. 2, 197-212, [online] https://doi.org/10.3790/vaw.2025.1457704
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Financial Sanctions and the US-Dollar

Hefeker, Carsten

Vierteljahreshefte zur Arbeits- und Wirtschaftsforschung, Vol. 2 (2025), Iss. 2 : pp. 197–212

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Article Details

Publisher Name
Duncker & Humblot
DOI
https://doi.org/10.3790/vaw.2025.1457704
Language
German
Pages
16
Keywords

Author Details

Carsten Hefeker, Department of Economics, University of Siegen, Unteres Schloss 3, 57072 Siegen, Germany

References

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Abstract

Der Aufsatz diskutiert, ob Finanzsanktionen die internationale Bedeutung des US-Dollars schwächen werden. Obwohl es seit längerem Versuche gibt, den Einfluss des Dollars zu verringern, sind diese bislang weitgehend erfolglos geblieben. Es wird beschrieben, warum dies der Fall ist und warum es auch auf absehbare Zeit so bleiben wird. Langfristig kann es allerdings durchaus zu einer Fragmentierung des globalen Währungs- und Finanzsystems kommen. Um eine Fragmentierung zu verhindern, sollten Finanzsanktionen künftig stärker koordiniert und weniger einseitig und arbiträr verhängt werden.

Table of Contents

Section Title Page Action Price
Carsten Hefeker: Financial Sanctions and the US-Dollar 197
Summary 197
Zusammenfassung 197
1. Introduction 197
2. The Use of Financial Sanctions 199
3. Reducing Vulnerability 202
4. Alternatives to the Dollar 205
5. Fractionalization of the International Monetary System 207
6. Conclusion 209
References 210

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