International Financial Management “Discuss why the U

International Financial Management

“Discuss why the U.S. Dollar continues to dominate as the currency for global trade. What factors could threaten the US Dollar’s dominance in the future?”  

Your essay should be supported by relevant literatures findings in research articles, official reports of public bodies or international organizations, real-world cases, and/or findings of your own data analyses. Word limit: 1500 words excluding the bibliography

All submissions MUST be typed in MS Word using Calibri 11 points font and double line spacing.  Page margins should be set to ‘normal’ on MS Word (2.54cm for A4 paper). All pages should be numbered consecutively.

A full reference list should be submitted at the end of the essay following the Harvard Referencing System

Starting Literature: 

Books

• Bekaert, Geert and Robert Hodrick, International Financial Management, international, second edition (2012), Pearson Education, ISBN: 129202139X
• Madura, Jeff and Roland Fox, International Financial Management, 4th edition (2017), Cengage Learning, ISBN: 9781408088456

Papers: 

• Avdjiev, S., Bruno, V., Koch, C., & Shin, H. S. (2019). The dollar exchange rate as a global risk factor: Evidence from investment. IMF Economic Review, 67(1), 151-173.

https://link.springer.com/article/10.1057/s41308-019-00074-4

• Boz, E., Gopinath, G., & Plagborg-Møller, M. (2017). Global trade and the dollar. NBER Working Paper series No. w23988. National Bureau of Economic Research. http://www.nber.org/papers/w23988.
• Bussière, M., Gaulier, G., & Steingress, W. (2016). Global trade flows: Revisiting the exchange rate elasticities. Banque de France Working Paper No. 608. Available at SSRN: http://dx.doi.org/10.2139/ssrn.2878624
• Gopinath, G. (2015). The international price system. NBER Working Paper series No. w21646. National Bureau of Economic Research. http://www.nber.org/papers/w21646
• Gopinath, G., Boz, E., Casas, C., Díez, F. J., Gourinchas, P. O., & Plagborg-Møller, M. (2016). Dominant currency paradigm. NBER Working Paper series No. w22943. National Bureau of Economic Research. https://www.nber.org/papers/w22943.