000 03537cam a2200409Ii 4500
001 ocn916920220
003 OCoLC
005 20240726104953.0
008 150815t20152015njua ob 001 0 eng d
040 _aEBLCP
_beng
_erda
_epn
_cEBLCP
_dIDEBK
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020 _a9781400873517
_q((electronic)l(electronic)ctronic)
050 0 4 _aHG925
_b.C877 2015
049 _aMAIN
100 1 _aCohen, Benjamin J.,
_e1
245 1 0 _aCurrency power :
_bunderstanding monetary rivalry /
_cBenjamin J. Cohen.
260 _aPrinceton :
_bPrinceton University Press,
_c(c)2015.
300 _a1 online resource (xiv, 286 pages) :
_billustrations
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
504 _a2
520 0 _aOverview: 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.
505 0 0 _aList of tables and figures --
_tAcknowledgments --
_tAbbreviations and acronyms --
_tInternational Currency --
_tPower analysis --
_tMonetary power --
_tFrom currency to power --
_tFrom power to currency --
_tCurrency competition today (with Tabitha M Benney) --
_tDollar: power undiminished --
_tEuro: power unrealized --
_tYuan: power unstoppable? --
_tSumming Up --
_tNotes --
_tReferences --
_tIndex.
530 _a2
_ub
650 0 _aInternational finance.
650 0 _aMoney
_xPolitical aspects.
650 0 _aDollar, American.
650 0 _aEuro.
650 0 _aRenminbi.
650 4 _aWirtschaft.
655 1 _aElectronic Books.
856 4 0 _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=980727&site=eds-live&custid=s3260518
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942 _cOB
_D
_eEB
_hHG
_m2015
_QOL
_R
_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c84527
_d84527
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell