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

Awards:   Commended for China Business News Financial Book of the Year 2014. Commended for PROSE Award in Business, Finance & Management, Association of American Publishers 2015 Commended for PROSE Awards: Business, Finance & Management 2015 Commended for PROSE Awards: Business, Finance & Management 2015. Short-listed for China Business News ' Financial Books of the Year 2014 Short-listed for Financial Times (FT.com) Best Economics Books, chosen by Martin Wolf 2014 Shortlisted for China Business News Financial Book of the Year 2014. Winner of Axiom Business Book Awards: Economics Gold Award 2015. Winner of Gold Medal in Economics, Axiom Business Book Awards 2015
Author:   Eswar S. Prasad ,  Eswar S. Prasad
Publisher:   Princeton University Press
Edition:   Revised edition
ISBN:  

9780691168524


Pages:   440
Publication Date:   25 August 2015
Format:   Paperback
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.

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


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Awards

  • Commended for China Business News Financial Book of the Year 2014.
  • Commended for PROSE Award in Business, Finance & Management, Association of American Publishers 2015
  • Commended for PROSE Awards: Business, Finance & Management 2015
  • Commended for PROSE Awards: Business, Finance & Management 2015.
  • Short-listed for China Business News ' Financial Books of the Year 2014
  • Short-listed for Financial Times (FT.com) Best Economics Books, chosen by Martin Wolf 2014
  • Shortlisted for China Business News Financial Book of the Year 2014.
  • Winner of Axiom Business Book Awards: Economics Gold Award 2015.
  • Winner of Gold Medal in Economics, Axiom Business Book Awards 2015

Overview

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 powe

Full Product Details

Author:   Eswar S. Prasad ,  Eswar S. Prasad
Publisher:   Princeton University Press
Imprint:   Princeton University Press
Edition:   Revised edition
Dimensions:   Width: 14.00cm , Height: 2.80cm , Length: 21.60cm
Weight:   0.340kg
ISBN:  

9780691168524


ISBN 10:   0691168520
Pages:   440
Publication Date:   25 August 2015
Audience:   General/trade ,  College/higher education ,  General ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.
Language:   English

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Reviews

Winner of the 2015 Gold Medal in Economics, Axiom Business Book Awards Honorable Mention for the 2015 PROSE Award in Business, Finance & Management, Association of American Publishers One of Financial Times (FT.com) Best Economics Books of 2014, chosen by Martin Wolf One of China Business News' Financial Books of the Year for 2014 Thoughtful ... --Jeff Sommer, New York Times [A] surprising argument... [L]ucid ... --David Wessel, Wall Street Journal Richly detailed study of global finances, examining how and why the dollar became the favored currency of international trade. --Kirkus To understand how the world of international finance works, what the agendas are and what is at stake, this work is indispensable. --Henny Sender, Financial Times In his authoritative new book on the dollar, Eswar Prasad ... argues that China and other foreign countries that own around half the outstanding US federal government debt are trapped in a risky game where the US may be tempted to renege on its debt obligations by printing more dollars. --John Plender, Financial Times A lively and compelling analysis on currency wars in the wake of the financial crisis--and the likely persistence of the U.S. dollar as the world's pre-eminent currency. --Harold James, Central Banking Journal


A lively and compelling analysis on currency wars in the wake of the financial crisis--and the likely persistence of the U.S. dollar as the world's pre-eminent currency. --Harold James, Central Banking Journal In his authoritative new book on the dollar, Eswar Prasad . . . argues that China and other foreign countries that own around half the outstanding US federal government debt are trapped in a risky game where the US may be tempted to renege on its debt obligations by printing more dollars. --John Plender, Financial Times To understand how the world of international finance works, what the agendas are and what is at stake, this work is indispensable. --Henny Sender, Financial Times Richly detailed study of global finances, examining how and why the dollar became the favored currency of international trade. --Kirkus [A] surprising argument. . . . [L]ucid. --David Wessel, Wall Street Journal Thoughtful. --Jeff Sommer, New York Times Winner of the 2015 Gold Medal in Economics, Axiom Business Book AwardsHonorable Mention for the 2015 PROSE Award in Business, Finance & Management, Association of American PublishersOne of Financial Times (FT.com) Best Economics Books of 2014, chosen by Martin WolfOne of China Business News' Financial Books of the Year for 2014


Author Information

Eswar S. Prasad is a professor in the Dyson School at Cornell University and senior fellow at the Brookings Institution.

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