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

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 Uni...

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Bibliographic Details
Main Author: Eichengreen, Barry J.
Format: Books Print Book
Language:English
Published: Oxford ; New York Oxford University Press, 2012.
Edition:First issued as an Oxford Univeristy Press paperback.
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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, 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].
Item Description:"With a new afterword"--Cover.
Physical Description:226 pages : illustrations ; 24 cm
Bibliography:Includes bibliographical references and index.
ISBN:9780199642472
0199642478
9780199931095
0199931097
Author Notes:Barry Eichengreen is Professor of Political Science and Economics at the University of California, Berkeley. His previous books include The European Economy Since 1945, Global Imbalances and the Lessons of Bretton Woods, Capital Flows and Crises, and Financial Crises and What to Do About Them. He has written for the Financial Times, Wall Street Journal, Foreign Affairs, and other publications.