{"product_id":"can-brics-de-dollarize-the-global-financial-system-book-zongyuan-zoe-liu-9781009014625","title":"Can BRICS De-dollarize the Global Financial System?","description":"Existing scholarship has not systematically examined BRICS (Brazil-Russia-India-China-South Africa) as a rising power de-dollarization coalition, despite the group developing multiple de-dollarization initiatives to reduce currency risk and bypass US sanctions. To fill this gap, this study develops a 'Pathways to De-dollarization' framework and applies it to analyze the institutional and market mechanisms that BRICS countries have created at the BRICS, sub-BRICS, and BRICS Plus levels. This framework identifies the leaders and followers of the BRICS de-dollarization coalition, assesses its robustness, and discerns how BRICS mobilizes other stakeholders. The authors employ process tracing, content analysis, semi-structured interviews, archival research, and statistical analysis of quantitative market data to analyze BRICS activities during 2009-2021. They find that BRICS' coalitional de-dollarization initiatives have established critical infrastructure for a prospective alternative nondollar global financial system. This title is also available as Open Access on Cambridge Core.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49592565858577,"sku":"GOR013330854","price":10.0,"currency_code":"USD","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52341701476625,"sku":"NLS9781009014625","price":30.69,"currency_code":"USD","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52741695865105,"sku":"NIN9781009014625","price":25.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1009014625.jpg?v=1750788271","url":"https:\/\/www.worldofbooks.com\/products\/can-brics-de-dollarize-the-global-financial-system-book-zongyuan-zoe-liu-9781009014625","provider":"World of Books ","version":"1.0","type":"link"}