Coverart for item
The Resource The Dollar Trap : How the U.S. Dollar Tightened Its Grip on Global Finance, Eswar S. Prasad

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

Label
The Dollar Trap : How the U.S. Dollar Tightened Its Grip on Global Finance
Title
The Dollar Trap
Title remainder
How the U.S. Dollar Tightened Its Grip on Global Finance
Statement of responsibility
Eswar S. Prasad
Creator
Author
Subject
Genre
Language
eng
Summary
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, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar's importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash. Prasad takes the reader through key contemporary issues in international finance--including the growing economic influence of emerging markets, the currency wars, the complexities of the China-U.S. relationship, and the role of institutions like the International Monetary Fund--and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance. The Dollar Trap offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency
Biographical or historical data
Eswar S. Prasad is a professor in the Dyson School at Cornell University and senior fellow at the Brookings Institution. For more information, go to
Cataloging source
DEGRU
http://library.link/vocab/creatorName
Prasad, Eswar S
Government publication
other
Illustrations
illustrations
Index
no index present
Language note
In English
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/subjectName
  • Capital movements
  • Dollar, American
  • Dollarization
  • International finance
  • Capital movements
  • Dollar, American
  • Dollarization
  • International finance
Target audience
specialized
Label
The Dollar Trap : How the U.S. Dollar Tightened Its Grip on Global Finance, Eswar S. Prasad
Instantiates
Publication
Copyright
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Part Four. Currency Competition
  • Appendix
  • Notes
  • References
  • Acknowledgments
  • Index
  • Frontmatter
  • Contents
  • List of Figures and Tables
  • Preface to the Paperback Edition
  • Preface
  • Part One. Setting the Stage
  • Part Two. Building Blocks
  • Part Three. Inadequate Institutions
Control code
on1013938736
Dimensions
unknown
Extent
1 online resource (440 pages)
Form of item
online
Isbn
9781400873647
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
JSTOR
Other control number
10.1515/9781400873647
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
22573/ctvc6406v
Reformatting quality
not applicable
Specific material designation
remote
System control number
(OCoLC)1013938736
Label
The Dollar Trap : How the U.S. Dollar Tightened Its Grip on Global Finance, Eswar S. Prasad
Publication
Copyright
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Part Four. Currency Competition
  • Appendix
  • Notes
  • References
  • Acknowledgments
  • Index
  • Frontmatter
  • Contents
  • List of Figures and Tables
  • Preface to the Paperback Edition
  • Preface
  • Part One. Setting the Stage
  • Part Two. Building Blocks
  • Part Three. Inadequate Institutions
Control code
on1013938736
Dimensions
unknown
Extent
1 online resource (440 pages)
Form of item
online
Isbn
9781400873647
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
JSTOR
Other control number
10.1515/9781400873647
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
22573/ctvc6406v
Reformatting quality
not applicable
Specific material designation
remote
System control number
(OCoLC)1013938736

Library Locations

    • Copley LibraryBorrow it
      5998 Alcalá Park, San Diego, CA, 92110-2492, US
      32.771354 -117.193327
Processing Feedback ...