LEADER 05094nam 2200625 a 450 001 9910827227503321 005 20240410171930.0 010 $a1-61470-771-5 035 $a(CKB)2550000001042716 035 $a(EBL)3020519 035 $a(SSID)ssj0000860182 035 $a(PQKBManifestationID)12391047 035 $a(PQKBTitleCode)TC0000860182 035 $a(PQKBWorkID)10895511 035 $a(PQKB)11391023 035 $a(MiAaPQ)EBC3020519 035 $a(Au-PeEL)EBL3020519 035 $a(CaPaEBR)ebr10677616 035 $a(OCoLC)923663728 035 $a(EXLCZ)992550000001042716 100 $a20110616d2011 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aDollar depreciation$b[electronic resource] $eeconomic effects and policy response /$fLachlan S. Roy, editor 205 $a1st ed. 210 $aNew York $cNova Science Publishers, Inc.$dc2011 215 $a1 online resource (109 p.) 225 1 $aAmerican political, economic, and security issues 225 1 $aNovinka 300 $aDescription based upon print version of record. 311 $a1-61470-692-1 320 $aIncludes bibliographical references and index. 327 $aIntro -- DOLLAR DEPRECIATION: ECONOMIC EFFECTS AND POLICY RESPONSE -- DOLLAR DEPRECIATION: ECONOMIC EFFECTS AND POLICY RESPONSE -- Library of Congress Cataloging-in-Publication Data -- Contents -- Preface -- Chapter 1: The Depreciating Dollar: Economic Effects and Policy Response* -- Summary -- Introduction -- Broad Economic Forces that Affect the Dollar -- Determinants of the Size and Direction of Cross-Border Asset Flows -- Interest Rate Differentials between the United States and Other Economies -- Investors' Expectations About the Future Path of the Dollar -- Investors Diversifying Their Portfolio of Assets -- Other Factors that Influence the International Demand for Dollar Assets -- The Size and Liquidity of U.S. Asset Markets -- U.S. Asset Markets are Often Seen as "Safe Havens" -- The Dollar is the Principal Global "Reserve Currency" -- How Will These Determinants Interact to Affect the Dollar? -- Likely Effects of Dollar Depreciation -- A Smaller Trade Deficit -- U.S. International Purchasing Power Decreases -- U.S. Net External Debt is Reduced -- World Commodity Prices (in Dollars) Tend to Increase -- Other Possible Effects of Dollar Depreciation -- U.S. Interest Rates Could Increase -- Dollar's Reserve Currency Role Could Be Reduced -- Risk of a Dollar Crisis Could Be Increased -- Policies that Could Influence the Dollar -- Does the United States Have a Dollar Policy? -- Policies to Influence the Demand for U.S. Assets -- Direct Intervention in the Foreign Exchange Market -- Monetary Policy -- Fiscal Policy and Federal Debt -- Policies to Increase the Demand for U.S. Exports -- Lower Foreign Trade Barriers -- Support for Development of New Products -- Indirect Government Influence on the Dollar -- Global Imbalances, the Dollar, -- and Economic Policy -- End Notes -- Chapter 2: Dollar Crisis: Prospect and Implications* -- Summary. 327 $aIntroduction -- Anatomy of Dollar Crisis -- Possible Reasons Why -- a Dollar Crisis Won't Occur -- Global Savings Glut -- Bretton Woods II -- Dark Matter -- Liquidity Services -- Insurance Services -- Knowledge Services -- The Macroeconomic Effects of a Dollar Crisis -- The Response of Economic Policy -- Response of U.S. Economic Policy -- Response of Foreign Economic Policy -- Conclusion -- End Notes -- Chapter 3: The Dollar's Future as the World's Reserve Currency: The Challenge of the Euro* -- Summary -- The Rising International Importance of "Official Holdings " -- The Roles of a Reserve Currency -- Four Factors Influencing Choice of a Reserve Currency -- The Current Currency Composition of Official Reserves -- Euro vs. Dollar -- As a Medium of Exchange -- As a Unit of Account -- As a Store of Value -- Conclusion -- End Notes -- Chapter 4: The U.S. Trade Deficit, the Dollar, and the Price of Oil* -- Summary -- Overview -- The Dollar and the Price of Oil -- Real and Nominal Oil Prices -- Major Currencies -- The Price of Oil -- Oil Exchanges -- Oil Demand and Supply -- The International Exchange Value of the Dollar -- Capital Flows -- U.S. Financial Balance -- Foreign Exchange Market -- The U.S. Trade Deficit -- Conclusions -- End Notes -- Chapter Sources -- Index. 410 0$aAmerican political, economic, and security issues series. 410 0$aNovinka (Series) 606 $aDollar, American 606 $aForeign exchange rates$zUnited States 606 $aDevaluation of currency$zUnited States 607 $aUnited States$xForeign economic relations 615 0$aDollar, American. 615 0$aForeign exchange rates 615 0$aDevaluation of currency 676 $a332.4/1420973 701 $aRoy$b Lachlan S$01596466 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910827227503321 996 $aDollar depreciation$93917837 997 $aUNINA