Description
Book SynopsisMonetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitic
Trade Review"The ideas are clearly explained and speak directly to a broad spectrum of the existing international political economy literature."--Choice "This analytic complexity makes Currency Power an important contribution to our understanding of financial statecraft. This is not only the first comprehensive treatment of currency power, it is likely to remain the best such treatment for years to come. As such, the book is necessary reading for everyone interested in whether the dollar will remain at the top of the global currency pyramid as well as why retaining that status matters."--Thomas Oatley, Cambridge Review of International Affairs
Table of ContentsList of Tables and Figures ix Acknowledgments xi Abbreviations and Acronyms xiii Introduction 1 1 International Currency 8 2 Power Analysis 28 3 Monetary Power 48 4 From Currency to Power 77 5 From Power to Currency 102 6 Currency Competition Today (with Tabitha M. Benney) 135 7 The Dollar: Power Undiminished 160 8 The Euro: Power Unrealized 185 9 The Yuan: Power Unstoppable? 214 10 Summing Up 237 Notes 245 References 257 Index 275
