3min chapter

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Pierre-Olivier Gourinchas on Geopolitics and Dollar Dominance

IMF Podcasts

CHAPTER

Dominant Reserve Currencies

Your work on dominant reserve currencies has gained a lot of attention, especially recently. And you kno, we'll get into that shortly. But why dominant reserve currencies? Welli is a researchegen ta started a long time ago. For me, i was a young assistant professor at princeton university. I started working with ellen ray cors, very famous by now. She's a london business school. We got very interested in this question of how countries basically can repay their external debt or do they need to generate surpluses at some point in the future?"

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