ABSTRACT This study discusses the role currencies play in the power relations of States regarding private agents and their peers in the international system, based on the case of the Chinese digital c
We provide a theory of the determination of exchange rates based on capital flows in imperfect financial markets. Capital flows drive exchange rates by altering the balance sheets of financiers that b
The International Financial Statistics is one of the Fund's principal statistical datasets and has been available since January 1948. IFS contains country data for most Fund members, as well as for A
