The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance

by Eswar Prasad and Eswar S. Prasad

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Why the dollar is--and will remain--the dominant global currency

The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008-2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar's looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues,...

Format:Hardcover

Language:English

ISBN:0691161127

ISBN13:9780691161129

Release Date:January 2014

Publisher:Princeton University Press

Length:432 Pages

Weight:1.65 lbs.

Dimensions:1.4" x 6.4" x 9.5"

Related Subjects

Business Business & Investing Economics

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The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance

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