The Exhaustion of the Dollar

Name: The Exhaustion of the Dollar
Author: H. Gray

Its Implications for Global Prosperity

Specificaties

Gebonden, blz. | Engels

Palgrave Macmillan UK | e druk, 2004

ISBN13: 9781403918857

Rubricering

Palgrave Macmillan UK e druk, 2004 9781403918857

€ 128,01

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Levertijd ongeveer 8 werkdagen

Samenvatting

The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the key currency.

Specificaties

ISBN13:9781403918857

Taal:Engels

Bindwijze:gebonden

Uitgever:Palgrave Macmillan UK

Hoofdrubriek:Economie, Financieel management

Inhoudsopgave

Preface to the Paperback Foreword; R.Canterbery PART I: INTRODUCTION The Purpose and Three Propositions PART II: HOW A HEGEMONIC SYSTEM WORKS Background Concepts and Relationships in a Globalized World A Theory of Balance-of-Payments Adjustment for the Hegemon A Model of Instability in Asset Markets PART III: EXHAUSTION: SOFT, HARD OR VERY HARD LANDING? The Data Assessing Propositions One and Two The Efficiency of Adjustment PART IV: CONFRONTING THE FUTURE Policy Options and Constraints The Transition Problem A Proposed Agenda for Redesign CONCLUDING ASSESSMENT The Grim Prospect Ahead The Implications of the Increasing U.S. International Dissaving in 2003 and 2004