ENGLISH

Exorbitant privilege: the rise and fall of the dollar and the future of the international monetary system

By Barry J , Eichengreen

Book information

Publisher
Oxford University Press
Year
2012
ISBN
9780199753789, 0199753784
Language
english
Format
PDF
Filesize
2 MB (1703354 bytes)
Edition
First paperback edition
Pages
215 pages : illustrations ; 25 cm\224
Time added
2020-07-26 19:24:52
Devaluation of currency;Devaluation of currency--U

Description

"In Exorbitant Privilege, economic historian, Barry Eichengreen, traces the rise of the dollar to international prominence over the course of the 20th century. He shows that the greenback dominated internationally in the second half of the century for the same reasons and in the same way that the United States dominated the global economy. But now, America no longer towers over the global economy. It follows, Eichengreen argues, that the dollar will not be a dominant. Challenging the presumption that there is room for only one true global currency, either the dollar or something else, Eichengreen shows that several currencies have shared this international role over long periods--"Book jacket.;Debut -- Dominance -- Rivalry -- Crisis -- Monopoly no more -- Dollar crash. Debut -- Dominance -- Rivalry -- Crisis -- Monopoly no more -- Dollar crash.

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