Policies for an OPEC dollar run

Journal Article · · J. Post Keynes. Econ.; (United States)

DOI:https://doi.org/10.1080/01603477.1981.11489224· OSTI ID:6236149

Bloomfield, A I; Marston, R C

The possibility of a sudden, large-scale liquidation of foreign and, more specifically, OPEC dollar assets is considered in this article. Some of the problems that would arise in the event of a liquidation of the official dollar assets of the oil-exporting countries and their attempted conversion into - for purposes of illustration - German marks are analyzed. Emphasis is placed on various lines of action that the US government, working in close cooperation with the German authorities, could take to meet such a crisis and on the external and internal effects of each. The focus is placed on official OPEC funds, not only because of their size, but also because of the special factors that could conceivably cause a large-scale repatriation of these funds at some time in the future. (KRM)

• Research Organization: Univ. of Pennsylvania, Pittsburgh
• OSTI ID: 6236149
• Journal Information: J. Post Keynes. Econ.; (United States), Journal Name: J. Post Keynes. Econ.; (United States) Vol. 3:3; ISSN JJPED
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
DEMAND
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMIC POLICY
ECONOMICS
ECONOMY
ENERGY DEMAND
FORECASTING
FOREIGN POLICY
GOVERNMENT POLICIES
INSTITUTIONAL FACTORS
INTERNATIONAL ORGANIZATIONS
INVESTMENT
MARKET
MATHEMATICAL MODELS
OIL-EXPORTING COUNTRIES
OPEC
POLITICAL ASPECTS
STATISTICAL MODELS