Currencies After the Crash: The Uncertain Future of the Global Paper-Based Currency System

by Eisen, Sara

• ISBN13: 9780071784887
• ISBN10: 0071784888
• Edition: 1st
• Format: Hardcover
• Copyright: 2012-10-23
• Publisher: McGraw-Hill Education

Summary

A detailed tutorial on global currency movement-the common thread running through every major economic event of our time, from Greek debt to China's success to the U.S. stimulus efforts Currency movement has become an increasingly important part of the state of today's economy and is vital in shaping both emerging economies and economic superpowers. As economies strive to recover from the worldwide financial crisis, the currency market has increasingly become the focal point of policies designed to achieve prosperity. Currencies After the Crasheducates investors, policymakers, and curious readers on virtually every relevant currency topic, including flaws with the international exchange rate, policy tools available to fix the monetary system, the future of China's currency, and the value of shared currencies like the Euro. Sara Eisenis a popular radio show host and financial reporter.

Table of Contents

List of Contributors	p. v
Foreword: Paul O'Neill, Former U.S. Secretary of the Treasury	p. vii
Preface: A System on Shaky Ground	p. ix
Introduction	p. xv
The Dollar Will Remain on First	p. 1
The World's Hegemonic Reserve Currency: The U.S. Dollar Versus the Chinese Yuan	p. 73
The Euro: Past, Present, and Future	p. 91
What History Tells Us About the Euro's Future	p. 125
The Future of the Eurozone: An Amicable Divorce Is Better than an Unhappy Marriage	p. 145
Rebalancing Growth in China: The Role of the Yuan in the Policy Package	p. 161
Currency Wars and a Growing Role for the International Monetary Fund	p. 187
A Role for Gold	p. 201
China	p. 219
References	p. 241
Notes	p. 247
Index	p. 253
Table of Contents provided by Ingram. All Rights Reserved.