Exorbitant privilege : the rise and fall of the dollar and the future of the international monetary system
Barry Eichengreen.
Oxford ; Hong Kong : Oxford University Press, 2012, ©2011.
"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." --
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English Book (4/F) | 332.4973 EIC 2012 | Available |
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Bibliographic Information
- Format:
- Book
- Subject:
- Money > United States > History > 20th century.
- Devaluation of currency > United States > History > 21st century.
- United States > Economic policy > 2009-
- Financial crises > United States > 21st century.
- Publication Year:
- 2012
- Language:
- English
- Published:
- Oxford, Hong Kong
- ISBN:
- 9780199931095
- Course:
- FIN330
International Finance - Bibliography:
- Includes bibliographical references (p. 199-205) and index.
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