Dollar depreciation : economic effects and policy response /
Clasificación: | Libro Electrónico |
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Otros Autores: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
New York :
Nova Science Publisher's,
©2011.
|
Colección: | American political, economic, and security issues series.
Novinka (Series) |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Intro
- DOLLAR DEPRECIATION: ECONOMIC EFFECTS AND POLICY RESPONSE
- DOLLAR DEPRECIATION: ECONOMIC EFFECTS AND POLICY RESPONSE
- Library of Congress Cataloging-in-Publication Data
- Contents
- Preface
- Chapter 1: The Depreciating Dollar: Economic Effects and Policy Response*
- Summary
- Introduction
- Broad Economic Forces that Affect the Dollar
- Determinants of the Size and Direction of Cross-Border Asset Flows
- Interest Rate Differentials between the United States and Other Economies
- Investors' Expectations About the Future Path of the Dollar
- Investors Diversifying Their Portfolio of Assets
- Other Factors that Influence the International Demand for Dollar Assets
- The Size and Liquidity of U.S. Asset Markets
- U.S. Asset Markets are Often Seen as "Safe Havens"
- The Dollar is the Principal Global "Reserve Currency"
- How Will These Determinants Interact to Affect the Dollar?
- Likely Effects of Dollar Depreciation
- A Smaller Trade Deficit
- U.S. International Purchasing Power Decreases
- U.S. Net External Debt is Reduced
- World Commodity Prices (in Dollars) Tend to Increase
- Other Possible Effects of Dollar Depreciation
- U.S. Interest Rates Could Increase
- Dollar's Reserve Currency Role Could Be Reduced
- Risk of a Dollar Crisis Could Be Increased
- Policies that Could Influence the Dollar
- Does the United States Have a Dollar Policy?
- Policies to Influence the Demand for U.S. Assets
- Direct Intervention in the Foreign Exchange Market
- Monetary Policy
- Fiscal Policy and Federal Debt
- Policies to Increase the Demand for U.S. Exports
- Lower Foreign Trade Barriers
- Support for Development of New Products
- Indirect Government Influence on the Dollar
- Global Imbalances, the Dollar,
- and Economic Policy
- End Notes
- Chapter 2: Dollar Crisis: Prospect and Implications*
- Summary.
- Introduction
- Anatomy of Dollar Crisis
- Possible Reasons Why
- a Dollar Crisis Won't Occur
- Global Savings Glut
- Bretton Woods II
- Dark Matter
- Liquidity Services
- Insurance Services
- Knowledge Services
- The Macroeconomic Effects of a Dollar Crisis
- The Response of Economic Policy
- Response of U.S. Economic Policy
- Response of Foreign Economic Policy
- Conclusion
- End Notes
- Chapter 3: The Dollar's Future as the World's Reserve Currency: The Challenge of the Euro*
- Summary
- The Rising International Importance of "Official Holdings "
- The Roles of a Reserve Currency
- Four Factors Influencing Choice of a Reserve Currency
- The Current Currency Composition of Official Reserves
- Euro vs. Dollar
- As a Medium of Exchange
- As a Unit of Account
- As a Store of Value
- Conclusion
- End Notes
- Chapter 4: The U.S. Trade Deficit, the Dollar, and the Price of Oil*
- Summary
- Overview
- The Dollar and the Price of Oil
- Real and Nominal Oil Prices
- Major Currencies
- The Price of Oil
- Oil Exchanges
- Oil Demand and Supply
- The International Exchange Value of the Dollar
- Capital Flows
- U.S. Financial Balance
- Foreign Exchange Market
- The U.S. Trade Deficit
- Conclusions
- End Notes
- Chapter Sources
- Index.