Robert M. La Follette School of Public Affairs

The Euro May over the Next 15 Years Surpass the Dollar as Leading International Currency

The euro has arisen as a credible eventual competitor to the dollar as leading international currency, much as the dollar rose to challenge the pound 70 years ago. The authors find that the euro may surpass the dollar as the world's top reserve currency as soon as 2025.

Additional Info

  • Volume or issue no.: La Follette School Working Paper No. 2008-007
  • Author(s): Menzie D. Chinn and Jeffrey A. Frankel