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Record Nr. |
UNINA9910461353803321 |
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Autore |
Cohen Benjamin J. |
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Titolo |
The future of global currency : the euro versus the dollar / / Benjamin J. Cohen |
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Pubbl/distr/stampa |
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London ; ; New York, N.Y. : , : Routledge, , 2011 |
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ISBN |
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1-283-15146-4 |
9786613151469 |
1-136-84589-5 |
0-203-83380-5 |
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Descrizione fisica |
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1 online resource (209 p.) |
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Disciplina |
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Soggetti |
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Euro |
Dollar |
International finance |
Electronic books. |
European Union countries Foreign economic relations |
United States Foreign economic relations |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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pt. 1. The global currency system -- pt. 2. The euro challenge -- pt. 3. Glimpses of the future. |
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Sommario/riassunto |
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Can the euro challenge the supremacy of the U.S. dollar as a global currency? From the time Europe's joint money was born, many have predicted that it would soon achieve parity with the dollar or possibly even surpass it. In reality, however, the euro has remained firmly planted in the dollar's shadow. The essays collected in this volume explain why. Because of America's external deficits and looming foreign debt, the dollar can never be as dominant as it once was. But Europe's money is unable to mount an effective challenge. The euro suffers from a number of critical structural deficiencie |
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