000			03734cam a22004935i 4500
001			19733193
003			OSt
005			20230831013643.0
008			170619t20182018njua b 001 0 eng d
010			_a 2017946118
020			_a9780691177007 (hardcover)
020			_a0691177007 (hardcover)
035			_a(OCoLC)ocn983824974
040			_aBTCTA _beng _cBTCTA _erda _dYDX _dBDX _dERASA _dCDX _dBKL _dOCLCF _dHTM _dLUG _dOCLCQ _dCNO _dDLC
042			_alccopycat
050	0	0	_aHG3881 _b.E3475 2018
082	0	4	_a332/.042 _223
092			_20
100	1		_aEichengreen, Barry J., _eauthor.
245	1	0	_aHow global currencies work [electronic resource]: _bpast, present, and future / _cBarry Eichengreen ; Arnaud Mehl ; Livia Chiţu.
264		1	_aPrinceton : _bPrinceton University Press, _c[2018]
264		4	_c©2018
300			_a1 digital resource (xv, 250 pages) : _billustrations ; _c25 cm
336			_atext _btxt _2rdacontent
336			_astill image _bsti _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
500			_a"Dr Sothy's File"
504			_aIncludes bibliographical references (pages 201-244) and index.
505	0	0	_g1 _tIntroduction -- _g2 _tThe origins of foreign balances -- _g3 _tFrom Jekyll Island to Genoa -- _g4 _tReserve currencies in the 1920s and 1930s -- _g5 _tThe role of currencies in financing international trade -- _g6 _tEvidence from international bond markets -- _g7 _tReserve currency competition in the second half of the twentieth century -- _g8 _tThe retreat of sterling -- _g9 _tThe rise and fall of the yen -- _g10 _tThe euro as second in command -- _g11 _tProspects for the renminbi -- _g12 _tConclusion.
520	8		_a"At first glance, the modern history of the global economic system seems to support the long-held view that the leading world power's currency--the British pound, the U.S. dollar, and perhaps someday the Chinese yuan--invariably dominates international trade and finance. In How Global Currencies Work, three noted economists provide a reassessment of this history and the theories behind the conventional wisdom. Offering a new history of global finance over the past two centuries, and marshaling extensive new data to test established theories of how global currencies work, Barry Eichengreen, Arnaud Mehl, and Livia Chiţu argue for a new view, in which several national monies can share international currency status, and their importance can change rapidly. They demonstrate how changes in technology and in the structure of international trade and finance have reshaped the landscape of international currencies so that several international financial standards can coexist. They show that multiple international and reserve currencies have in fact coexisted in the pastupending the traditional view of the British pound's dominance prior to 1945 and the U.S. dollar's dominance more recently. Looking forward, the book tackles the implications of this new framework for major questions facing the future of the international monetary system, from whether the euro and the Chinese yuan might address their respective challenges and perhaps rival the dollar, to how increased currency competition might affect global financial stability."--Jacket.
650		0	_aInternational finance.
650		0	_aMoney.
650	0	4	_aValute.
650		7	_aInternational finance. _2fast _0(OCoLC)fst00976945
650		7	_aMoney. _2fast _0(OCoLC)fst01025265
700	1		_aMehl, Arnaud, _eauthor.
700	1		_aChitu, Livia, _eauthor.
887			_2CamTech Library
906			_a7 _bcbc _ccopycat _d2 _encip _f20 _gy-gencatlg
942			_2ddc _cEM _n0
999			_c1294 _d1294