The Petrodollar System and Global Economic Governance
This archive examines the structural foundations of global economic governance through the lens of the petrodollar system and its associated mechanisms of monetary power. Rather than advancing a singular thesis or ideological position, the document compiles a sequence of analytically grounded essays tracing the historical emergence, operational logic, and systemic consequences of dollar-denominated energy trade. By focusing on institutional incentives, financial infrastructure, and energy pricing conventions, the archive highlights how monetary dominance is maintained not through centralized conspiracy, but through aligned structural interests across states, markets, and international institutions. Particular attention is given to petrodollar recycling, financial enforcement mechanisms, and the conditions under which challenges to dollar hegemony encounter systemic resistance. The purpose of this work is evidentiary rather than prescriptive. It aims to provide researchers, students, and policy observers with a coherent reference framework for understanding how global economic power is exercised, stabilized, and gradually transformed. The archive situates contemporary de-dollarization efforts within a broader historical and structural context, emphasizing transition dynamics over collapse narratives. This document is intended as a living evidence archive rather than a closed theoretical model.
Authors
- Essentia Vera
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-12-30
- DOI
- https://doi.org/10.5281/zenodo.18095006
- Primary Topic
- Global Financial Regulation and Crises
- Type
- article
- Field-Weighted Citation Impact
- 0.00