Dollar Dominance, Deterrence, and Denial

Professor Carla Norrlöf from the University of Toronto will speak at the MIT Security Studies Program's Wednesday Seminar.

This talk examines how the United States leverages the dollar’s global dominance as a national security tool. By employing strategies of deterrence and denial, the US uses its financial hegemony to influence other states and non-state actors. This financial dominance has prompted others to seek alternatives to mitigate their exposure to US monetary power presenting risks to the dollar’s primacy with significant security implications. Professor Norrlöf will explore what these emerging dynamics mean for the future of US hegemony and global order.