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

Author: Barry J Eichengreen
Publisher: Oxford ; New York, NY : Oxford University Press, 2011.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
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,  Read more...
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Genre/Form: History
Document Type: Book
All Authors / Contributors: Barry J Eichengreen
ISBN: 9780199753789 0199753784 9780199781485 0199781486
OCLC Number: 610466896
Description: 215 pages : illustrations ; 25 cm
Contents: Debut --
Dominance --
Rivalry --
Crisis --
Monopoly no more --
Dollar crash.
Responsibility: Barry Eichengreen.

Abstract:

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].

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