Exorbitant Privilege by Barry Eichengreen, Paperback | Indigo Chapters
Exorbitant Privilege by Barry Eichengreen, Paperback | Indigo Chapters

Coles

Exorbitant Privilege by Barry Eichengreen, Paperback | Indigo Chapters

From Barry Eichengreen

Current price: $19.95
Loading Inventory...

Size: 1 x 9.25 x 300

Visit retailer's website
*Product information may vary - to confirm product availability, pricing, and additional information please contact Coles
In Exorbitant Privilege, one of the world's foremost economists, Barry Eichengreen, traces the historical rise of the dollar to international prominence. He shows how the greenback dominated internationally in the second half of the twentieth century for the same reasons that the United Statesdominated the global economy. But now, with the rise of China, and other emerging economies, America no longer towers over the global economy. It follows, Eichengreen argues, that the dollar will not be as dominant. But this does not mean that the coming changes will necessarily be sudden and dire -or that the dollar is doomed to lose its international status. 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. What was true in the distant past will be true, once again, in the not-too-distantfuture. With a new afterword that covers the Euro crisis and the U. S. debt-ceiling controversy, Exorbitant Privilege challenges both those who warn that the dollar is doomed and those who regard its continuing dominance as inevitable. | Exorbitant Privilege by Barry Eichengreen, Paperback | Indigo Chapters

More About Coles at Bramalea City Centre

Making Connections. Creating Experiences. We exist to add a little joy to our customers’ lives, each time they interact with us.

Powered by Adeptmind