The Euro at Ten: The Next Global Currency
| Author | : |
| Publisher | : Peterson Institute |
| Total Pages | : 237 |
| Release | : 2009 |
| Genre | : |
| ISBN | : 0881325589 |
Download The Euro at Ten: The Next Global Currency Book in PDF, ePub and Kindle
The Euro At Ten The Next Global Currency PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Euro At Ten The Next Global Currency PDF full book. Access full book title The Euro At Ten The Next Global Currency.
The Euro
| Author | : David Marsh |
| Publisher | : Yale University Press |
| Total Pages | : 632 |
| Release | : 2011-08-23 |
| Genre | : Business & Economics |
| ISBN | : 0300173903 |
Download The Euro Book in PDF, ePub and Kindle
This book is the first comprehensive political and economic account of the birth and development of the Euro. Today the Euro is the supranational currency for sixteen European countries and the world's second-largest reserve currency. David Marsh tells the story of the rivalries, intrigues, and deal making that brought about a currency for Europe, and he analyzes the achievements and shortcomings of its first decade of existence. While the Euro represents a remarkable triumph of political will, great pressures are building on the single currency. Drawing on more than 100 interviews with leading figures associated with the Euro, and scores of secret documents from international archives, Marsh underscores the Euro's importance for the global economy, in particular for U.S. and British economic and political agendas. Hidden facts and fresh insights from The Euro --How the legacy of France and Germany's tortuous relations affects the Euro--Why the United Kingdom is unlikely to accept the Euro before 2025--The impact on the Euro of the U.S. credit crisis--How the Euro has rebounded against the aspirations of its founders--How Italy and Spain have massively lost competitiveness--Why radical changes must be adopted to prevent a European upheaval
The Future of Global Currency
| Author | : Benjamin J. Cohen |
| Publisher | : Routledge |
| Total Pages | : 210 |
| Release | : 2012-11-12 |
| Genre | : Political Science |
| ISBN | : 1136845887 |
Download The Future of Global Currency Book in PDF, ePub and Kindle
Can the euro challenge the supremacy of the U.S. dollar as a global currency? From the time Europe’s joint money was born, many have predicted that it would soon achieve parity with the dollar or possibly even surpass it. In reality, however, the euro has remained firmly planted in the dollar’s shadow. The essays collected in this volume explain why. Because of America’s external deficits and looming foreign debt, the dollar can never be as dominant as it once was. But Europe’s money is unable to mount an effective challenge. The euro suffers from a number of critical structural deficiencies, including an anti-growth bias that is built into the institutions of the monetary union and an ambiguous governance structure that sows doubts among prospective users. As recent events have demonstrated, members of the euro zone remain vulnerable to financial crisis. Moreover, lacking a single voice, the bloc continues to punch below its weight in monetary diplomacy. The world seems headed toward a leaderless monetary order, with several currencies in contention but none clearly dominant. This collection distils the views of one of the world’s leading scholars in global currency, and will be of considerable interest to students and scholars of international finance and international political economy.
A Monetary Hope for Europe
| Author | : Max Guderzo |
| Publisher | : Firenze University Press |
| Total Pages | : 268 |
| Release | : 2016 |
| Genre | : Business & Economics |
| ISBN | : 8866559652 |
Download A Monetary Hope for Europe Book in PDF, ePub and Kindle
A Monetary Hope for Europe. This book studies the euro in a global perspective and opens a new series edited by the Jean Monnet European Centre of Excellence of the University of Florence, Verso l'unificazione europea. Most of the chapters have been written by economists who met and discussed their diverse views at a multi-disciplinary conference organized by the Centre in May 2013 under the title The euro and the struggle for the creation of a new global currency: Problems and perspectives in the building of the political, financial and economic foundations of the European federal government. The list of contributors also includes historians as well as European and international law academics. Their essays have been revised on the basis and against the backdrop of an ongoing crisis of both the euro and the whole European project in the last years and months. The volume aims to provide useful data and interpretations to improve knowledge on the euro and the European Union in their economic, historical, juridical and political perspectives. --
The Euro
| Author | : David Marsh |
| Publisher | : Yale University Press |
| Total Pages | : 361 |
| Release | : 2009-01-01 |
| Genre | : Business & Economics |
| ISBN | : 0300127308 |
Download The Euro Book in PDF, ePub and Kindle
Drawing on more than one hundred interviews with leading figures associated with the Euro and scores of secret documents from international archives, the author underscores the Euro's importance for the global economy, in particular for U.S. and British economic and political agendas.
How Global Currencies Work
| Author | : Barry Eichengreen |
| Publisher | : Princeton University Press |
| Total Pages | : 270 |
| Release | : 2019-02-26 |
| Genre | : Business & Economics |
| ISBN | : 0691191867 |
Download How Global Currencies Work Book in PDF, ePub and Kindle
A powerful new understanding of global currency trends, including the rise of the Chinese yuan At first glance, the history of the modern global economy seems to support the long-held view that the currency of the world’s leading power invariably dominates international trade and finance. But in How Global Currencies Work, three noted economists overturn this conventional wisdom. Offering a new history of global finance over the past two centuries and marshaling extensive new data to test current theories of how global currencies work, the authors show that several national monies can share international currency status—and that their importance can change rapidly. They demonstrate how changes in technology and international trade and finance have reshaped the landscape of international currencies so that several international financial standards can coexist. In fact, they show that multiple international and reserve currencies have coexisted in the past—upending the traditional view of the British pound’s dominance before 1945 and the U.S. dollar’s postwar dominance. Looking forward, the book tackles the implications of this new framework for major questions facing the future of the international monetary system, including how increased currency competition might affect global financial stability.
Can the euro ever be a global reserve currency?
| Author | : Veronika Minkova |
| Publisher | : GRIN Verlag |
| Total Pages | : 22 |
| Release | : 2011-09-28 |
| Genre | : Political Science |
| ISBN | : 3656016542 |
Download Can the euro ever be a global reserve currency? Book in PDF, ePub and Kindle
Essay from the year 2010 in the subject Politics - Topic: European Union, grade: 1,3, King`s College London, language: English, abstract: After the first decade of the advent of the euro, analysts have examined the prospect of the European common currency to become not only regional currency, but also its usage to spread internationally. Not only has the euro proved to be more than a powerful symbol of collective identity, but it has also provided price stability, it has been a shelter against currency crises and it has attracted new member states that wish to join the euro area. However, this positive landscape has changed in the face of the global financial crisis and the Greek budgetary crisis. Many have seen the euro only as ‘a fair weather currency’ arguing that confluence of factors facilitates the euro’s deficiency of becoming ‘bad weather currency’ such as economic divergence and internal imbalances between member states. The first section of the essay discusses the benefits and costs of issuing an international currency. By applying the three attributes of money to the euro, the second section reviews the euro’s performance as a medium of exchange, unit of account and store of value. The final section identifies factors which hinder the European common currency’s success as an international currency. These factors include: inertial forces characterising the financial markets, governance design of EMU, member states’ internal imbalances, fragmentation of financial markets, non-economic limitations and the European Union’s discouraging stance towards the euro’s international status.
The Euro
| Author | : David Marsh |
| Publisher | : |
| Total Pages | : 384 |
| Release | : 1900 |
| Genre | : Euro |
| ISBN | : 9780300095579 |
Download The Euro Book in PDF, ePub and Kindle
Finance & Development, September 2009
| Author | : International Monetary Fund |
| Publisher | : INTERNATIONAL MONETARY FUND |
| Total Pages | : 57 |
| Release | : 2009-09-15 |
| Genre | : Electronic books |
| ISBN | : 9781451953756 |
Download Finance & Development, September 2009 Book in PDF, ePub and Kindle
Recovery from the deepest recession in 60 years has started. But sustaining it will require delicate rebalancing acts, both within and across countries. IMF chief economist Olivier Blanchard writes in our lead article that the turnaround will not be simple. The crisis has left deep scars that will affect both supply and demand for many years to come. This issue of F&D also looks at what’s next in the global crisis and beyond. We look at ways of unwinding crisis support, the shape of growth worldwide after the crisis, ways of rebuilding the financial architecture, and the future of reserve currencies. Jeffrey Frankel examines what’s in and what’s out in global money, while a team from the IMF’s Research Department looks at what early warning systems can be expected to deliver in spotting future problems. In our regular People in Economics profile, we speak to Nobel prize winner Daniel Kahneman, whose work led to the creation of the field of behavioral economics, and our Picture This feature gives a timeline of how the Bank of England’s policy rate has fallen to its lowest level in 300 years. Back to Basics gives a primer on monetary policy, and Data Spotlight looks at how the crisis has affected the eastern European banking system.
The Rise of the Euro As a Global Currency
| Author | : Olena Rabtsun |
| Publisher | : LAP Lambert Academic Publishing |
| Total Pages | : 88 |
| Release | : 2011-12 |
| Genre | : |
| ISBN | : 9783846599624 |
Download The Rise of the Euro As a Global Currency Book in PDF, ePub and Kindle
The 10th anniversary of the single European currency, celebrated in 2009, provided a good occasion to examine the developments of the euro over the decade it existed, and to assess its advances with regard to becoming a global currency. The paper comprises five parts, which include both theoretical and empirical analysis. Section I introduces the notion of a global currency, its main benefits and the economic pre-requisites for gaining this status. Section II provides an overview of the existing literature on the question of the euro's role in the global economy and its potential international dominance. Section III introduces an empirical assessment of the euro's world-wide use, and establishes certain predictions of potential future changes. Section IV presents a case-study of the use of the euro in both public and private spheres in two EU neighbouring countries (Ukraine and Russia) - a review having no comprehensive equivalent at the moment. Section V concludes.
