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The task of setting up a new reserve currency for the global economy that improves its growth prospects.
09/03/2009
Stiglitz and others talk about how a new reserve currency is needed to improve global growth prospects, in a win-win situation for the U.S. and for developing countries. The dollar as a reserve currency works to the disadvantage of both the U.S. and developing countries.
Grouped Articles
Joseph E. Stiglitz -- Farewell to the Dollar as the World's Currency of Choice
Washington Post 09.03.2009
World Bank Head Sees Dollar’s Role Diminishing
New York Times 09.29.2009
Zoellick Sees 'Other Options' to Buck
Wall Street Journal 09.30.2009
The Meltdown According to Stiglitz
BusinessWeek 01.14.2010
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