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The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance
Eswar S. Prasad
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Description for The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance
Paperback. Num Pages: 440 pages, 8 halftones. 17 line illus. 6 tables. BIC Classification: 1KBB; KCBM; KCLF; KCP; KCX. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 219 x 142 x 31. Weight in Grams: 404.
The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008-2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar's looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar's importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. ... Read more
The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008-2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar's looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar's importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. ... Read more
Product Details
Publisher
Princeton University Press
Format
Paperback
Publication date
2015
Condition
New
Weight
411g
Number of Pages
440
Place of Publication
New Jersey, United States
ISBN
9780691168524
SKU
V9780691168524
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-13
About Eswar S. Prasad
Eswar S. Prasad is a professor in the Dyson School at Cornell University and senior fellow at the Brookings Institution.
Reviews for The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance
Winner of the 2015 Gold Medal in Economics, Axiom Business Book Awards Honorable Mention for the 2015 PROSE Award in Business, Finance & Management, Association of American Publishers One of Financial Times (FT.com) Best Economics Books of 2014, chosen by Martin Wolf One of China Business News' Financial Books of the Year for 2014 Thoughtful.
Jeff Sommer, New York ... Read more
Jeff Sommer, New York ... Read more