Global Imbalances in the Context of the U.S. Dollar Exchange Rate Development

The thesis deals with the development and status of global imbalances in contemporary global economy in connection with changes in the U.S. dollar exchange rate. From this point of view, the paper firstly focuses on the current diversification of the world economy to clarify the position of the U.S. monetary system in the sphere of global imbalances. Secondly, it concentrates on the long-term trends in the U.S. dollar exchange rate as the world's main currency. Finally, the thesis focuses on potential changes in the economic policy of the main actors of global imbalances and presents possible solution to these imbalances in the world economy