REEQUILIBRAR EL COMERCIO Y EL SISTEMA GLOBAL DEL DÓLAR.
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| Title: | REEQUILIBRAR EL COMERCIO Y EL SISTEMA GLOBAL DEL DÓLAR. (Spanish). |
|---|---|
| Authors: | ALI, MONA |
| Source: | Anuario Internacional CIDOB. 2025, p32-40. 9p. |
| Subjects: | BALANCE of trade, CHINA-United States relations, TARIFF, FOREIGN exchange reserves, INCOME inequality |
| Geographic Terms: | CHINA, UNITED States |
| Abstract (English): | The article analyzes the trade and financial imbalances between the United States and China, highlighting the record current account deficit of the U.S. in 2024 and China’s historic trade surplus. It examines how the policies of the Biden and Trump administrations have attempted to "rebalance trade" through tariffs and restrictions, linking these imbalances to factors such as income inequality and China’s economic model based on savings and low consumption. Additionally, it addresses the central role of the dollar as the international reserve currency and a global financial asset, pointing out the complexity and vulnerability of the dollar-based financial system, which includes lightly regulated markets such as currency swaps. Finally, it discusses the limited capacity of the euro to compete with the dollar due to Europe’s dependence on the U.S. financial system and military spending priorities that hinder the development of European monetary autonomy. [Extracted from the article] |
| Abstract (Spanish): | El artículo analiza los desequilibrios comerciales y financieros entre Estados Unidos y China, destacando el déficit por cuenta corriente récord de EE.UU. en 2024 y el superávit comercial histórico de China. Se examina cómo las políticas de las administraciones Biden y Trump han intentado "reequilibrar el comercio" mediante aranceles y restricciones, vinculando estos desequilibrios a factores como la desigualdad de ingresos y el modelo económico chino basado en el ahorro y bajo consumo. Además, se aborda el papel central del dólar como moneda de reserva internacional y activo financiero global, señalando la complejidad y vulnerabilidad del sistema financiero en dólares, que incluye mercados poco regulados como los swaps de divisas. Finalmente, se discute la limitada capacidad del euro para competir con el dólar debido a la dependencia europea del sistema financiero estadounidense y las prioridades de gasto militar que dificultan la construcción de una autonomía monetaria europea. [Extracted from the article] |
| Database: | Referencia Latina |
| FullText | Links: – Type: pdflink Text: Availability: 0 |
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| Header | DbId: zah DbLabel: Referencia Latina An: 194060608 RelevancyScore: 1049 AccessLevel: 6 PubType: Periodical PubTypeId: serialPeriodical PreciseRelevancyScore: 1048.69470214844 |
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| Items | – Name: Title Label: Title Group: Ti Data: REEQUILIBRAR EL COMERCIO Y EL SISTEMA GLOBAL DEL DÓLAR. <i>(Spanish). </i> – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22ALI%2C+MONA%22">ALI, MONA</searchLink> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Anuario+Internacional+CIDOB%22">Anuario Internacional CIDOB</searchLink>. 2025, p32-40. 9p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22BALANCE+of+trade%22">BALANCE of trade</searchLink><br /><searchLink fieldCode="DE" term="%22CHINA-United+States+relations%22">CHINA-United States relations</searchLink><br /><searchLink fieldCode="DE" term="%22TARIFF%22">TARIFF</searchLink><br /><searchLink fieldCode="DE" term="%22FOREIGN+exchange+reserves%22">FOREIGN exchange reserves</searchLink><br /><searchLink fieldCode="DE" term="%22INCOME+inequality%22">INCOME inequality</searchLink> – Name: SubjectGeographic Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22CHINA%22">CHINA</searchLink><br /><searchLink fieldCode="DE" term="%22UNITED+States%22">UNITED States</searchLink> – Name: Abstract Label: Abstract (English) Group: Ab Data: The article analyzes the trade and financial imbalances between the United States and China, highlighting the record current account deficit of the U.S. in 2024 and China’s historic trade surplus. It examines how the policies of the Biden and Trump administrations have attempted to "rebalance trade" through tariffs and restrictions, linking these imbalances to factors such as income inequality and China’s economic model based on savings and low consumption. Additionally, it addresses the central role of the dollar as the international reserve currency and a global financial asset, pointing out the complexity and vulnerability of the dollar-based financial system, which includes lightly regulated markets such as currency swaps. Finally, it discusses the limited capacity of the euro to compete with the dollar due to Europe’s dependence on the U.S. financial system and military spending priorities that hinder the development of European monetary autonomy. [Extracted from the article] – Name: Abstract Label: Abstract (Spanish) Group: Ab Data: El artículo analiza los desequilibrios comerciales y financieros entre Estados Unidos y China, destacando el déficit por cuenta corriente récord de EE.UU. en 2024 y el superávit comercial histórico de China. Se examina cómo las políticas de las administraciones Biden y Trump han intentado "reequilibrar el comercio" mediante aranceles y restricciones, vinculando estos desequilibrios a factores como la desigualdad de ingresos y el modelo económico chino basado en el ahorro y bajo consumo. Además, se aborda el papel central del dólar como moneda de reserva internacional y activo financiero global, señalando la complejidad y vulnerabilidad del sistema financiero en dólares, que incluye mercados poco regulados como los swaps de divisas. Finalmente, se discute la limitada capacidad del euro para competir con el dólar debido a la dependencia europea del sistema financiero estadounidense y las prioridades de gasto militar que dificultan la construcción de una autonomía monetaria europea. [Extracted from the article] |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=zah&AN=194060608 |
| RecordInfo | BibRecord: BibEntity: Languages: – Code: spa Text: Spanish PhysicalDescription: Pagination: PageCount: 9 StartPage: 32 Subjects: – SubjectFull: BALANCE of trade Type: general – SubjectFull: CHINA-United States relations Type: general – SubjectFull: TARIFF Type: general – SubjectFull: FOREIGN exchange reserves Type: general – SubjectFull: INCOME inequality Type: general – SubjectFull: CHINA Type: general – SubjectFull: UNITED States Type: general Titles: – TitleFull: REEQUILIBRAR EL COMERCIO Y EL SISTEMA GLOBAL DEL DÓLAR. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: ALI, MONA IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 01 Text: 2025 Type: published Y: 2025 Identifiers: – Type: issn-print Value: 11332743 Titles: – TitleFull: Anuario Internacional CIDOB Type: main |
| ResultId | 1 |