Exorbitant privilege : the decline of the dollar and the future of the international monetary system /
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 o...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Oxford ; New York, NY :
Oxford University Press,
2010.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | 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 |
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Descripción Física: | 1 online resource (215 pages) |
Bibliografía: | Includes bibliographical references (pages 199-205) and index. |
ISBN: | 9780199781485 0199781486 |