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"For more than half a century, the dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. This singular role of the dollar is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's "exorbitant privilege." But now, with U.S. budget deficits extending as far as the eye can see, holding dollars is viewed as a losing proposition. Some say that the dollar may soon cease to be the world's standard currency DS which would depress U.S. living standards."@en
"In Exorbitant Privilege, one of our foremost economists, Barry Eichengreen, traces the rise of the dollar to international prominence over the course of the 20th century. He shows how 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, with the rise of China, India, Brazil 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-distant future."
"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]."
"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]."@en
"For more than half a century, the U.S. dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. Nearly three-quarters of all 100 bills circulate outside the United States. The dollar holdings of the Chinese government alone come to more than 1,000 per Chinese resident. This dependence on dollars, by banks, corporations and governments around the world, is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's "exorbitant privilege." However."@en

genre

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"History"@en
"History"
"Electronic books"
"Electronic books"@en

name

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"Exorbitant privilege : the rise and fall of the dollar and the future of the international monetary system"@en
"Exorbitant privilege : the rise and fall of the dollar and the future of the international monetary system"
"Exorbitant privilege : the rise and fall of the dollar"@en
"Exorbitant privilege : the rise and fall of the dollar"
"Exorbitant privilege : the rise and fall of the dollar and the future of the International Monetary System"
"Exorbitant privilege the rise and fall of the dollar and the future of the international monetary system"@en
"Exorbitant privilege the rise and fall of the dollar and the future of the international monetary system"
"囂張的美元 : 美元的興衰與國際貨幣體系的未來"
"Exorbitant privilege : the decline of the dollar and the future of the international monetary system"
"Exorbitant privilege : the decline of the dollar and the future of the international monetary system"@en
"Exorbitant privilege the decline of the dollar and the future of the international monetary system"@en
"Exorbitant privilege : The rise and fall of the dollar"
"Exorbitant privilege the rise and fall of the dollar"
"Exorbitant privilege the rise and fall of the dollar"@en
"Exorbitant privilege : the rise and fall of the dollar and the future of the international monetary system"
"Xiao zhang de mei yuan : mei yuan de xing shuai yu guo ji huo bi ti xi de wei lai"

workExample

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