Type(s) de contenu et mode(s) de consultation : Texte noté : électronique

Auteur(s) : Cohen, Benjamin J.  Voir les notices liées en tant qu'auteur

Titre(s) : Currency Power [Texte électronique] : Understanding Monetary Rivalry / Benjamin J. Cohen

Publication : Princeton, New Jersey : Princeton University Press, [2015]

Description matérielle : 1 ressource dématérialisée

Note(s) : "Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China? Popular opinion holds that the days of the dollar, long the world's dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America's greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy. Cohen presents an innovative analysis of currency power and emphasizes the importance of separating out the various roles that international money might have. After systematically exploring the links between currency internationalization and state power, Cohen turns to the state of play among today's top currencies. The greenback, he contends, is the "indispensable currency"--the one that the world can't do without. Only the dollar is backed by all the economic and political resources that make a currency powerful. Meanwhile, the euro is severely handicapped by structural defects in the design of its governance mechanisms, and the yuan suffers from various practical limitations in both finance and politics. Contrary to today's growing opinion, Currency Power demonstrates that the dollar will continue to be the leading global currency for some time to come." --Jacket flap.

Sujet(s) : Monnaie -- Aspect politique  Voir les notices liées en tant que sujet
Dollar américain  Voir les notices liées en tant que sujet

Identifiants, prix et caractéristiques : ISBN 9780691167855

Identifiant de la notice  : ark:/12148/cb45065231f

Notice n° :  FRBNF45065231 (notice reprise d'un réservoir extérieur)

Table des matières : Introduction -- International currency -- Power analysis -- Monetary power -- From currency to power -- From power to currency -- Currency competition today (with Tabitha m. Benney) -- The dollar : power undiminished -- The euro : power unrealized -- The yuan : power unstoppable? -- Summing up.