How Global Currencies Work
Past, Present, and Future
$77.33
- Hardcover
272 pages
- Release Date
14 January 2018
Summary
A powerful new understanding of global currency trends, including the rise of the Chinese yuan At first glance, the modern history of the global economic system seems to support the long-held view that the leading world power’s currency–the British pound, the U.S. dollar, and perhaps someday the Chinese yuan–invariably dominates international trade and finance. In How Global Currencies Work, three noted economists provide a reassessment of this history and the theories behind the conventio…
Book Details
| ISBN-13: | 9780691177007 |
|---|---|
| ISBN-10: | 0691177007 |
| Author: | Barry Eichengreen, Arnaud Mehl, Livia Chitu |
| Publisher: | Princeton University Press |
| Imprint: | Princeton University Press |
| Format: | Hardcover |
| Number of Pages: | 272 |
| Release Date: | 14 January 2018 |
| Weight: | 567g |
| Dimensions: | 152mm x 235mm |

Critics Review
“The authors conclude that the euro, in particular, will play a more consequential role in international reserves relative to the US dollar, while China’s renminbi will be slower to achieve acceptance.”—Ian McLennan, Spear’s Magazine
“A readable and timely book.” * Finance & Development *
“How Global Currencies Work is an ambitious title that delivers fascinating analysis on the rise and fall of international currencies in the 20th century with some educated suggestions about their trajectories in the 21st.”—Christopher Smart, Project Syndicate
“The book gives readers an excellent introduction to the history of international reserve currencies over the past two centuries… . For those involved, whether at a national or international level, in government or in financial institutions, it will make compulsory reading.”—Richard Parlour, Central Banking Journal
“This volume offers a thrilling history of global finance over the past two centuries. It is very well written, marshals extensive new data and provides fascinating new insight into how global currencies work.”—Ivo Maes, History of Economic Ideas
Barry Eichengreen
Barry Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley. His books include Hall of Mirrors, Exorbitant Privilege, Globalizing Capital, and The European Economy since 1945. Arnaud Mehl is principal economist at the European Central Bank. Livia Chiţu is an economist at the European Central Bank.
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