Since the mid-1970s, the value of the United States' dollar has been upheld by a number of
domestic and international factors. An often underestimated factor is that oil is sold and …

This paper proposes a theoretically-informed and empirically-grounded cognitive approach
to analyse how financial elites from China, the Gulf Cooperation Council states and Brazil …

This article proposes a cognitive and empirical approach, based on in-depth semi-structured
elite interviews, to analyse the extent to which the dollar is becoming a negotiated …

Bringing together for the first time distinguished Gulf experts to analyze the renewed geo-
economic prominence of the Gulf states, this volume investigates some of the'new power …

This book analyses how financial elites in key dollar-holding emerging markets perceive the
contest between the euro and the dollar for global currency status. It also assesses how far …

We conclude with a return to the motivating puzzle with which we began: Why do scholars,
including those who have written with such authority and wisdom on monetary affairs and …

Recognising the superior benefits of risk reduction associated with using portfolio of
currencies relative to a single currency (US dollar), this paper shows that, ceteris paribus, a …

This study offers Organization of Petroleum Exporting Countries (OPEC) member nations a
crude oil pricing currency basket based on currency liquidity, in contrast with prior emphasis …

Since the early 1970s, the oil-exporting states of the Gulf Cooperation Council (GCC) led by
Saudi Arabia, have played a key role in supporting the value of the US dollar by pricing oil in …

On October 1, 2016, the International Monetary Fund (IMF) added the Chinese Renminbi
(referred to as the “yuan” when it is used as a unit of account) to the currencies that comprise …