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2014, vol. 43, br. 6, str. 16-43
Dolar kao svetska rezervna valuta - izazovi i perspektive
Univerzitet u Beogradu, Ekonomski fakultet

e-adresaradovank@ekof.bg.ac.rs
Projekat:
Uloga države u novom modelu rasta privrede Srbije (MPNTR - 179065)

Sažetak
Američki dolar je stekao status svetske rezervne valute u bretonvudskom sistemu i zadržao ga do danas. Ovakva pozicija u međunarodnim finansijama ima svoje prednosti i manjkavosti kako za SAD kao emitenta ove valute, tako i za ostatak sveta koji je koristi u trgovini, čuvanju vrednosti i raznim finansijskim operacijama i obračunima. Raspadom bretonvudskog sistema dotadašnji režim fiksnih deviznih kurseva zamenjen je fluktuirajućim deviznim kursevima. Nezavisno do ove promene, dolar je nastavio da igra ulogu svetske rezervne valute. Brojne bankarske i valutne krize posle prelaska na sistem fluktuirajućih deviznih kurseva, kao i preokreti u međunarodnim tokovima kapitala, naveli su zemlje u razvoju i zemlje u tranziciji da povećavaju svoje devizne rezerve. U nastojanju da sačuvaju njihovu vrednost, centralne banke zemalja uglavnom ih plasiraju u državne hartije od vrednosti SAD, kao likvidnu i pouzdanu aktivu. Međutim, zbog rizika koji nosi oslonac na jednu nacionalnu valutu u ulozi svetske rezervne valute, postoje brojni predlozi o reformi međunarodnog monetarnog sistema. Prema tekućim tendencijama u svetu, najozbiljniji kandidati za status svetske rezervne valute u budućnosti su dolar, evro i kineski juan.
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O članku

jezik rada: srpski, engleski
vrsta rada: izvorni naučni članak
DOI: 10.5937/bankarstvo1406016K
objavljen u SCIndeksu: 28.05.2015.

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