ISBN 10: 0691167850 / ISBN 13: 9780691167855
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Riassunto:

Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China? Popular opinion holds that the days of the dollar, long the world's dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America's greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy.

Cohen presents an innovative analysis of currency power and emphasizes the importance of separating out the various roles that international money might have. After systematically exploring the links between currency internationalization and state power, Cohen turns to the state of play among today's top currencies. The greenback, he contends, is the "indispensable currency"--the one that the world can't do without. Only the dollar is backed by all the economic and political resources that make a currency powerful. Meanwhile, the euro is severely handicapped by structural defects in the design of its governance mechanisms, and the yuan suffers from various practical limitations in both finance and politics.

Contrary to today's growing opinion, Currency Power demonstrates that the dollar will continue to be the leading global currency for some time to come.

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The Description for this book, Currency Power: Understanding Monetary Rivalry, will be forthcoming.

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Descrizione libro Princeton University Press, 2015. HRD. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria WP-9780691167855

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Descrizione libro Princeton University Press, 2015. Hardcover. Condizione libro: New. book. Codice libro della libreria 0691167850

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Descrizione libro Princeton University Press. Hardback. Condizione libro: new. BRAND NEW, Currency Power: Understanding Monetary Rivalry, Benjamin J. Cohen, Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China? Popular opinion holds that the days of the dollar, long the world's dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America's greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy. Cohen presents an innovative analysis of currency power and emphasizes the importance of separating out the various roles that international money might have. After systematically exploring the links between currency internationalization and state power, Cohen turns to the state of play among today's top currencies. The greenback, he contends, is the "indispensable currency"--the one that the world can't do without. Only the dollar is backed by all the economic and political resources that make a currency powerful. Meanwhile, the euro is severely handicapped by structural defects in the design of its governance mechanisms, and the yuan suffers from various practical limitations in both finance and politics. Contrary to today's growing opinion, Currency Power demonstrates that the dollar will continue to be the leading global currency for some time to come. Codice libro della libreria B9780691167855

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Descrizione libro Princeton University Press 2015-10-02, New Jersey, 2015. hardback. Condizione libro: New. Codice libro della libreria 9780691167855

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Descrizione libro Princeton University Press, United States, 2015. Hardback. Condizione libro: New. 229 x 152 mm. Language: English . Brand New Book. Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe s euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China? Popular opinion holds that the days of the dollar, long the world s dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America s greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy. Cohen presents an innovative analysis of currency power and emphasizes the importance of separating out the various roles that international money might have. After systematically exploring the links between currency internationalization and state power, Cohen turns to the state of play among today s top currencies. The greenback, he contends, is the indispensable currency --the one that the world can t do without. Only the dollar is backed by all the economic and political resources that make a currency powerful. Meanwhile, the euro is severely handicapped by structural defects in the design of its governance mechanisms, and the yuan suffers from various practical limitations in both finance and politics. Contrary to today s growing opinion, Currency Power demonstrates that the dollar will continue to be the leading global currency for some time to come. Codice libro della libreria AAZ9780691167855

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Mr. Benjamin J. Cohen
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Descrizione libro Princeton University Press, United States, 2015. Hardback. Condizione libro: New. 229 x 152 mm. Language: English . Brand New Book. Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe s euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China? Popular opinion holds that the days of the dollar, long the world s dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America s greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy. Cohen presents an innovative analysis of currency power and emphasizes the importance of separating out the various roles that international money might have. After systematically exploring the links between currency internationalization and state power, Cohen turns to the state of play among today s top currencies. The greenback, he contends, is the indispensable currency --the one that the world can t do without. Only the dollar is backed by all the economic and political resources that make a currency powerful. Meanwhile, the euro is severely handicapped by structural defects in the design of its governance mechanisms, and the yuan suffers from various practical limitations in both finance and politics. Contrary to today s growing opinion, Currency Power demonstrates that the dollar will continue to be the leading global currency for some time to come. Codice libro della libreria AAZ9780691167855

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Descrizione libro Princeton Univers. Press Okt 2015, 2015. Buch. Condizione libro: Neu. 244x161x30 mm. Neuware - Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China Popular opinion holds that the days of the dollar, long the world's dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America's greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy 304 pp. Englisch. Codice libro della libreria 9780691167855

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