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A currency trader calculates Malaysian ringgit notes at a currency exchange store in Kuala Lumpur, Malaysia on Tuesday, Sept. 29, 2015. (AP Photo/Joshua Paul)

(AP Photo/Joshua Paul)

Analysis & Opinions - Project Syndicate

Addicted to Dollars

| Mar. 02, 2017

Since the end of World War II, the United States’ share in world GDP has fallen from nearly 30% to about 18%. Other advanced economies have also experienced sustained declines in their respective slices of the global pie. But you wouldn’t know it from looking at the international monetary system.