dollaritesse
Dollaritesse is a term used in economics and finance to describe the pervasive influence of the United States dollar across international markets and in everyday transactions outside the United States. The concept encompasses several dimensions: the use of the dollar as the pricing currency for commodities and many cross-border contracts; substantial holdings of dollar-denominated reserves by central banks; the prevalence of dollar-denominated debt; and the role of dollar liquidity in global payment systems.
Origin and usage: The term emerged in scholarly and policy discussions in the early 21st century as
Implications: Dollaritesse supports global trade and financial stability by providing a common settlement asset, but it
Criticism and debate: Some economists argue the term overstates the coherence of the dollar system, noting
Related topics include reserve currency status, dollarization, the petrodollar system, and the broader dynamics of the