Global instability of currencies : reasons and perspectives according to the State-corporation hegemonic stability theory
By: ELIGIUSZ STASZCZAK, Dariusz
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ArticlePublisher: São Paulo : Editora 34, Jan./Mar. 2015Subject(s): Sistema Monetário | Economia Internacional | Relações Internacionais | Reforma AdministrativaOnline resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 35, 1 (138), p. 175-198Abstract: This paper analyses reasons of the instability of the world monetary system. The author considers this problem from historical and contemporary perspectives. According to presented point of view banknotes and electronic money which replaced gold and silver coins in popular circulation are the most important reason of the instability. There are also proven positive and negative consequences of money instability. Reforms of the world monetary system need agreement within the global collective hegemony of state-powers and transnational corporations
This paper analyses reasons of the instability of the world monetary system. The author considers this problem from historical and contemporary perspectives. According to presented point of view banknotes and electronic money which replaced gold and silver coins in popular circulation are the most important reason of the instability. There are also proven positive and negative consequences of money instability. Reforms of the world monetary system need agreement within the global collective hegemony of state-powers and transnational corporations
ISSN eletrônico: 18094538
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