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The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance by

Phatpocket Book Shoppe
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£11.48
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Item specifics

Condition
Good: A book that has been read, but is in good condition. Minimal damage to the book cover eg. ...
Book Title
The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global
ISBN
9780691161129
EAN
9780691161129
Publication Year
2014
Type
Textbook
Format
Hardcover
Language
English
Publication Name
The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance
Item Height
235 mm
Author
Eswar S. Prasad
Publisher
Princeton University Press
Item Width
152 mm
Subject
Economics
Item Weight
709 g
Number of Pages
432 Pages

About this product

Product Information

The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008-2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar's looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar's importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash. Prasad takes the reader through key contemporary issues in international finance--including the growing economic influence of emerging markets, the currency wars, the complexities of the China-U.S. relationship, and the role of institutions like the International Monetary Fund--and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance. The Dollar Trap offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency.

Product Identifiers

Publisher
Princeton University Press
ISBN-13
9780691161129
eBay Product ID (ePID)
20046574200

Product Key Features

Author
Eswar S. Prasad
Publication Name
The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance
Format
Hardcover
Language
English
Subject
Economics
Publication Year
2014
Type
Textbook
Number of Pages
432 Pages

Dimensions

Item Height
235 mm
Item Width
152 mm
Item Weight
709 g

Additional Product Features

Country/Region of Manufacture
United States
Title_Author
Eswar S. Prasad

Item description from the seller

Business seller information

Phatpocket Limited
Scott Sherman
Unit 20501
40-45 Cartersfield Road
Waltham Abbey
Essex
EN9 1JD
United Kingdom
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Value added tax number:
  • GB 858 5123 06
Company registration number:
  • 04924751
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CRN Number:
  • 04924751
Phatpocket Book Shoppe

Phatpocket Book Shoppe

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Phatpocket Ltd is a world class secondhand bookstore based in Hertfordshire, United Kingdom. We specialize in high quality textbooks across an enormous variety of subjects. We aim to provide a vast ...
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