The Future of Global Currency : The Euro Versus the Dollar


Benjamin J. Cohen
Bok Engelsk 2012 · Electronic books.
Annen tittel
Utgitt
Hoboken : : Taylor and Francis, , 2012.
Omfang
1 online resource (209 p.)
Opplysninger
Description based upon print version of record.. - Cover; The Future of Global Currency: The euro versus the dollar; Copyright; Contents; Preface; Acknowledgments; Introduction; Part I The global currency system; 1 Life at the top: International currencies in the twenty-first century; 2 The euro and transatlantic relations; Part II The euro challenge; 3 EMU and the dollar: Who threatens whom?; 4 Global currency rivalry: Can the euro ever challenge the dollar?; 5 Enlargement and the international role of the euro; 6 The euro in a global context: Challenges and capacities; 7 Dollar dominance, euro aspirations: Recipe for discord?. - Part III Glimpses of the future8 A one-and-a-half currency system; 9 Toward a leaderless currency system; 10 The international monetary system: Diffusion and ambiguity; Notes; Bibliography; Index. - 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 deficiencie
Emner
Sjanger
Dewey
ISBN
9780415781497. - 9780415781503

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