Digitalisation and Geopolitics: Catalytic Forces in the (Future) International Monetary System

The recent “weaponisation” of finance against Russia might accelerate actions and ambitions to rethink financial globalisation to reduce the global dependence on Western-led currencies and payment infrastructure. Transformations in the international monetary system have historically been slow to materialise, though. Inertia and frictions are key forces that tend to consolidate the unipolarity of the system but, in the context of growing politicisation of money , the process of financial digitalisation can be a crucial force of change in pushing for diversification.
Even though no other contender can challenge the existing US-dominated dollar system in the short-to-medium term, it is key to strategically reflect upon the long-term implications of a possible erosion of the Western leadership in the global monetary system. This volume focuses on the key question of whether recent geopolitical tensions and economic dislocations could be a catalyst for transformation in the current international monetary system.

Nicola Bilotta led the research on digitalisation and global economics as a Senior Fellow at the Istituto Affari Internazionali (IAI). He is currently the coordinator of the EU-Supervisory Digital Finance Academy (EU-SDFA) and a Research Associate at the Florence School of Banking and Finance (European University Institute). He is also an Adjunct Professor at the LUMSA University and an Associate Fellow at IAI.

Fabrizio Botti is Senior Fellow in the field of International Political Economy at the Istituto Affari Internazionali (IAI) and Intesa Sanpaolo Fellow. He is also Assistant Professor in Economics at Guglielmo Marconi University. He is core member of “Minerva – Laboratory on Gender Diversity and Gender Inequality” at Sapienza University of Rome.

Anno: 2023
Pagine: 166
Formato: 17 x 24 cm
Peso Kg: 0.240
Colore: Con illustrazioni
Copertina: Morbida
Legatura: Brossura
Lingua: Inglese
ISBN cartaceo: 9788833655727