Global instability of currencies: reasons and perspectives according to the state-corporation hegemonic stability theory

Revista de Economia Política

Dariusz Eligiusz Staszczak¹ 

关键词: global instability;    currencies;    exchange rates;    gold and silver money;    Kopernik's law;    banknotes;    real and symbolic value;    national economies;    international trade and capital flows;    global economy;    state-corporation hegemonic stability theory;    Instabilidade global;    moedas;    taxas de câmbio;    lei de Kopernik;    notas;    valor real e simbólico;    economias nacionais;    fluxos de comércio e de capitais internacionais;    economia global;    teoria da estabilidade hegemônica;   

DOI  :  10.1590/0101-31572015v35n01a10

来源: SciELO

【 摘 要 】

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.

【 授权许可】

CC BY   
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