Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System - Couverture souple

Eichengreen, Professor Of Economics And Political Science Barry

 
9780199931095: Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Couverture souple
ISBN 10 : 0199931097 ISBN 13 : 9780199931095
Editeur : Oxford University Press, 2012

Synopsis

Recent events in the US--high unemployment, record federal deficits, and unprecedented financial distress--have raised serious doubts about the future of the dollar. So profound has been the impact that some say the dollar may soon cease to be the world's standard currency. Is the situation that bad? In Exorbitant Privilege, one of our foremost experts on the international financial system argues that while the dollar is bound to lose its singular status to newcomers like the Euro and the Chinese Renminbi, the coming changes will be neither sudden nor dire. Barry Eichengreen puts today's crisis in historical context, revealing that only after World War II, with Europe and Japan in ruins, did the dollar become the world's monetary lingua franca--the reserve currency of the world's banks and the kind of cash accepted virtually everywhere. Now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy like before. And the U.S. itself faces very serious economic and financial challenges as it contemplates its medium-term future. But despite this, Eichengreen concludes, predictions of the dollar's demise are greatly exaggerated. The paperback edition features a new afterword that takes the story up through 2012.

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À propos de l?auteur

Barry Eichengreen is Professor of Political Science and Economics at the University of California, Berkeley. His previous books include The European Economy Since 1945, Global Imbalances and the Lessons of Bretton Woods, Capital Flows and Crises, and Financial Crises and What to Do About Them. He has written for the Financial Times, Wall Street Journal, Foreign Affairs, and other publications.

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Éditeur
Oxford University Press
Date d'édition
2012
Langue
anglais
ISBN 10 
0199931097
ISBN 13 
9780199931095
Reliure
Broché
Nombre de pages
226
Coordonnées du fabricant
non disponible
Personne responsable
Ufficio Anagrafiche Messaggerie
ufficio.anagrafiche@meli.it

Via Verdi, 8
Assago Milano
20090
Italie

Autres éditions populaires du même titre

9780199753789: Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System

Edition présentée

ISBN 10 :  0199753784 ISBN 13 :  9780199753789
Editeur : Oxford University Press, USA, 2011
Couverture rigide