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Future of the Dollar

by ,

For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. In recent years, however, the dollar's preponderant position in world markets has come under challenge. The dollar has been more volatile than ever against foreign currencies, and various nations have switched to non-dollar instruments in their transactions. China and the Arab Gulf states continue to hold massive amounts of U.S. government obligations, in effect ...

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The Future of the Dollar
2010, Cornell University Press, Ithaca

ISBN-13: 9780801448256


Future of the Dollar
2009, Cornell University Press, Ithaca

ISBN-13: 9780801475610

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