by Rosa & Roubini
Trade has always been a vector of geopolitical power and the role of payments in this “Great Game” is often overlooked. This sixth PRIMER of our FIN-TECH and DIGITAL ASSETS series attempts to show how that role is evolving and why, and where the pivotal strategic territory of the future is emerging.
In particular, we discuss:
1. Trade as a vector of geopolitical power;
2. Payments as the key infrastructure of international trade;
3. Faster payment systems, SWIFT and cards: the infrastructure of nations and commerce;
4. The re-dollarisation process and its benefits to the USA;
5. National and technological threats to the hegemony of the US dollar; and
6. The infrastructural challenge deriving from the ongoing reshaping of the digital and financial geopolitical landscape.
Download PDF: PRIMER – Geopolitics of Payments