Currency Power : Understanding Monetary Rivalry (Record no. 26665)
000 -LEADER | |
---|---|
fixed length control field | 02102nam a22001577a 4500 |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
ISBN | 9780691167855 |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 332.042 |
100 ## - MAIN ENTRY--AUTHOR NAME | |
Personal name | Cohen, Benjamin J. |
245 ## - TITLE STATEMENT | |
Title | Currency Power : Understanding Monetary Rivalry |
Statement of responsibility | Benjamin J. Cohen |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication | Princeton, New Jersey |
Name of publisher | Princeton University Press |
Year of publication | 2015 |
300 ## - PHYSICAL DESCRIPTION | |
Number of Pages | xiv,286 Pages |
Other physical details | 24x16 cm |
-- | HB |
505 ## - FORMATTED CONTENTS NOTE | |
Formatted contents note | Include Reference and Index |
520 ## - SUMMARY, ETC. | |
Summary, etc | "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." |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical Term | Money--Political aspects |
-- | Dollar, American |
-- | Renminbi |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Books |
Withdrawn status | Lost status | Permanent Location | Current Location | Shelving location | Date acquired | Source of acquisition | Full call number | Accession Number | Koha item type |
---|---|---|---|---|---|---|---|---|---|
Garrison Public Library Multan | Garrison Public Library Multan | General Stacks | 2017-04-04 | CRV/GPLM/Pak Book | 332.042 C678C 2015 | 32292 | Books |