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The dollar trap : how the U.S. dollar tightened its grip on global finance by Prasad, Eswar S. is a business book available to read on EtoBox.

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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

Who reads The dollar trap : how the U.S. dollar tightened its grip on global finance?

It is typically read by working professionals who need an authoritative practice reference.

Common subject areas: medicine, law, business, engineering.

Author
Prasad, Eswar S.
Publisher
Princeton: Princeton University Press
Published
2014
Language
EN
ISBN
9781400849963
Category
business
Subjects
Finance, Economics, Business
Rating
4.3 / 5 (68 ratings)
Updated
2026-03-14

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