A Moeda Internacional e sua instrumentalização para a coerção econômica
DOI:
https://doi.org/10.22478/ufpb.2318-9452.2023v10n20.63670Abstract
ABSTRACT
This article aims to understand how the international currency can be used as a tool of economic coercion. Therefore, a bibliographic review of the literature on International Political Economy was made, with data collection through books, articles, theses and dissertations, taking as a criterion the number of citations. The nature of the present research is qualitative and descriptive, and the technique used was content analysis. As a result, it was found that interpreting currency as an element intertwined with political and social factors, and not just market factors, although it opposes the hypothesis of monetary neutrality, makes it possible to understand currency as an instrument of coercion. Thus, countries which issue currencies at higher levels of the international monetary hierarchy have a greater capacity to constrain other nations economically, taking advantage of the asymmetric architecture of the international monetary system.
Keywords: International Monetary System; Monetary hierarchy; Economic coercion; Structural power.
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