Books > Business & Economics > Economics > Macroeconomics > Monetary economics
|
Buy Now
The Future of Global Currency - The Euro Versus the Dollar (Paperback, New)
Loot Price: R1,467
Discovery Miles 14 670
|
|
The Future of Global Currency - The Euro Versus the Dollar (Paperback, New)
Expected to ship within 12 - 17 working days
|
Donate to Against Period Poverty
Total price: R1,487
Discovery Miles: 14 870
|
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.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.