The Exhaustion of the Dollar Its Implications for Global Prosperity |
|
| Author:
| Gray, H. Peter |
| ISBN: | 978-1-4039-1885-7 |
| Publication Date: | Jun 2004 |
| Publisher: | Palgrave Macmillan Limited
|
| Imprint: | Palgrave Macmillan |
| Book Format: | Hardback |
| List Price: | USD $169.99USD $109.99 |
Book Description:
|
The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the key currency.
The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the key currency.