Dollar-Yuan Battle in the World Trade Network

From the Bretton Woods agreement in 1944 till the present day, the US dollar has been the dominant currency in world trade. However, the rise of the Chinese economy has recently led to the emergence of trade transactions in Chinese yuan. Here, we mathematically analyze how the structure of internati...

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Bibliographic Details
Published in:Entropy
Main Authors: Célestin Coquidé, José Lages, Dima L. Shepelyansky
Format: Article
Language:English
Published: MDPI AG 2023-02-01
Subjects:
Online Access:https://www.mdpi.com/1099-4300/25/2/373