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Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System - Softcover
Synopsis
Recent events in the US--high unemployment, record federal deficits, and unprecedented financial distress--have raised serious doubts about the future of the dollar. So profound has been the impact that some say the dollar may soon cease to be the world's standard currency. Is the situation that bad? In Exorbitant Privilege, one of our foremost experts on the international financial system argues that while the dollar is bound to lose its singular status to newcomers like the Euro and the Chinese Renminbi, the coming changes will be neither sudden nor dire. Barry Eichengreen puts today's crisis in historical context, revealing that only after World War II, with Europe and Japan in ruins, did the dollar become the world's monetary lingua franca--the reserve currency of the world's banks and the kind of cash accepted virtually everywhere. Now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy like before. And the U.S. itself faces very serious economic and financial challenges as it contemplates its medium-term future. But despite this, Eichengreen concludes, predictions of the dollar's demise are greatly exaggerated. The paperback edition features a new afterword that takes the story up through 2012.
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About the Author
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.
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Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
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Oxford University Press, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Softcover
Seller: Blue Vase Books, Interlochen, MI, U.S.A.
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Condition: good. The item shows wear from consistent use, but it remains in good condition and works perfectly. All pages and cover are intact including the dust cover, if applicable . Spine may show signs of wear. Pages may include limited notes and highlighting. May NOT include discs, access code or other supplemental materials. Seller Inventory # BVV.0199931097.G
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Exorbitant Privilege : The Rise and Fall of the Dollar and the Future of the International Monetary System
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Oxford University Press, Incorporated, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Softcover
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Exorbitant Privilege : The Rise and Fall of the Dollar and the Future of the International Monetary System
Published by
Oxford University Press, Incorporated, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Softcover
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Exorbitant Privilege : The Rise and Fall of the Dollar and the Future of the International Monetary System
Published by
Oxford University Press, Incorporated, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Softcover
Seller: Better World Books, Mishawaka, IN, U.S.A.
Seller rating 5 out of 5 stars
Condition: Good. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 4302674-6
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Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Published by
Oxford University Press, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Paperback
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. 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 States dominated 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-distant future. 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. Seller Inventory # CIN0199931097VG
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Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Published by
Oxford University Press, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Softcover
Seller: knowledge_exchange, Franklin Park, IL, U.S.A.
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Condition: Good. This is a used book. The item may contain former library stamps, markings, stickers, and sleeves. It may also contain minor marks, cuts, or bends. All pages, covers, and dust jackets are intact, if applicable. The cover art may be different than pictured. Books may contain minor underlining, highlighting, and notes. Access codes, CDs, and other bundled media may not be present or usable. Some books contain minor stains and/or discoloration from normal wear and tear. Seller Inventory # DB00Z_MF_09-30-26_H0000SP0
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Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
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Oxford University Press, 2011
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Soft cover
Seller: Arcadia Books, Inc., Hoschton, GA, U.S.A.
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Soft cover. Condition: Good. The top edge of the front cover has been bumped a bit, causing some creasing on the cover and first 15 pages or so. Otherwise, the covers have some minor wear. The pages are free from markings and highlighting. See pictures for more details. Seller Inventory # AB26-289
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Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Published by
Oxford University Press, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Paperback
Seller: World of Books Inc, Montgomery, IL, U.S.A.
Seller rating 4 out of 5 stars
Paperback. Condition: Very Good. 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 States dominated 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-distant future. 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. Seller Inventory # CIN0199931097VG
Stock Image
Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Published by
Oxford University Press, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Paperback
Seller: HPB-Ruby, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority! Seller Inventory # S_488667711
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Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Published by
Oxford University Press, 2012
ISBN 10: 0199931097
ISBN 13: 9780199931095
Used
Paperback
Seller: Half Price Books Inc., Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority! Seller Inventory # S_488135352