The Future of Global Currency

The Future of Global Currency
Author :
Publisher : Routledge
Total Pages : 210
Release :
ISBN-10 : 9781136845888
ISBN-13 : 1136845887
Rating : 4/5 (88 Downloads)

Book Synopsis The Future of Global Currency by : Benjamin J. Cohen

Download or read book The Future of Global Currency written by Benjamin J. Cohen and published by Routledge. This book was released on 2012-11-12 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can the euro challenge the supremacy of the U.S. dollar as a global currency? From the time Europe’s joint money was born, many have predicted that it would soon achieve parity with the dollar or possibly even surpass it. In reality, however, the euro has remained firmly planted in the dollar’s shadow. The essays collected in this volume explain why. Because of America’s external deficits and looming foreign debt, the dollar can never be as dominant as it once was. But Europe’s money is unable to mount an effective challenge. The euro suffers from a number of critical structural deficiencies, including an anti-growth bias that is built into the institutions of the monetary union and an ambiguous governance structure that sows doubts among prospective users. As recent events have demonstrated, members of the euro zone remain vulnerable to financial crisis. Moreover, lacking a single voice, the bloc continues to punch below its weight in monetary diplomacy. The world seems headed toward a leaderless monetary order, with several currencies in contention but none clearly dominant. This collection distils the views of one of the world’s leading scholars in global currency, and will be of considerable interest to students and scholars of international finance and international political economy.


The Future of Global Currency Related Books

The Future of Global Currency
Language: en
Pages: 210
Authors: Benjamin J. Cohen
Categories: Political Science
Type: BOOK - Published: 2012-11-12 - Publisher: Routledge

DOWNLOAD EBOOK

Can the euro challenge the supremacy of the U.S. dollar as a global currency? From the time Europe’s joint money was born, many have predicted that it would s
How Global Currencies Work
Language: en
Pages: 270
Authors: Barry Eichengreen
Categories: Business & Economics
Type: BOOK - Published: 2019-02-26 - Publisher: Princeton University Press

DOWNLOAD EBOOK

A powerful new understanding of global currency trends, including the rise of the Chinese yuan At first glance, the history of the modern global economy seems t
The Future of Money
Language: en
Pages: 497
Authors: Eswar S. Prasad
Categories: Business & Economics
Type: BOOK - Published: 2021-09-28 - Publisher: Harvard University Press

DOWNLOAD EBOOK

A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. W
The Future of the Dollar
Language: en
Pages: 272
Authors: Eric Helleiner
Categories: Business & Economics
Type: BOOK - Published: 2012-09-15 - Publisher: Cornell University Press

DOWNLOAD EBOOK

For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. I
The Future of the Dollar
Language: en
Pages: 272
Authors: Eric Helleiner
Categories: Political Science
Type: BOOK - Published: 2012-08-17 - Publisher: Cornell University Press

DOWNLOAD EBOOK

For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. I