.@MarkusEconomist H. James (@princeton), and Landau( @sciencespo) argue that the dominant role of the dollar as a reserve will be unaffected, but that countries may reduce their dependence on reserves by restricting capital movements. (5 April 2022)
https://voxeu.org/article/sanctions-and-international-monetary-system

🐦🔗: https://nitter.eu/lugaricano/status/1513501656255770628