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The Future of Global Currency: The Euro Versus the Dollar
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The Future of Global Currency: The Euro Versus the Dollar Paperback - 2010 - 1st Edition

by Benjamin J. Cohen

  • Used

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Routledge. Used - Good. Ships from UK in 48 hours or less (usually same day). Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, and may have sticker on cover, but in good overall condition. 100% money back guarantee. We are a world class secondhand bookstore based in Hertfordshire, United Kingdom and specialize in high quality textbooks across an enormous variety of subjects. We aim to provide a vast range of textbooks, rare and collectible books at a great price. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. We provide a 100% money back guarantee and are dedicated to providing our customers with the highest standards of service in the bookselling industry.
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Details

  • Title The Future of Global Currency: The Euro Versus the Dollar
  • Binding Paperback
  • Edition number 1st
  • Edition 1
  • Condition Used - Good
  • Pages 204
  • Volumes 1
  • Language ENG
  • Publisher Routledge
  • Date 2010-11-25
  • Features Bibliography, Index
  • Bookseller's Inventory # Z1-I-014-02261
  • ISBN 9780415781503 / 0415781507
  • Weight 0.67 lbs (0.30 kg)
  • Dimensions 9.21 x 6.14 x 0.45 in (23.39 x 15.60 x 1.14 cm)
  • Themes
    • Aspects (Academic): Economic
  • Library of Congress subjects International finance, European Union countries - Foreign economic
  • Library of Congress Catalog Number 2010027714
  • Dewey Decimal Code 332.494

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From the publisher

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.

Media reviews

Citations

  • Choice, 10/01/2011, Page 0

About the author

Benjamin J. Cohen is Louis G. Lancaster Professor of International Political Economy at the University of California, Santa Barbara. A specialist in the political economy of international money and finance, he is the author of twelve previous books, including most recently Global Monetary Governance (Routledge 2008).

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