Revisiting the R5 Paradigm

... number of reserve currencies coming from the developing world. It will also allow for a reduction in financial risks associated with “currency mismatches” and the fragilities associated with high levels of debt. The scope for de-dollarization in the global economy remains sizeable in view of the decades long “dollarization overstretch” and the imbalances that this has generated across the global economy. Source: Valdai. Discussion club