Global Currencies Conundrum
This book discusses the emergence of a multi-polar currency system. With the US Dollar's hegemony as global reserve currency in question, it examines the role of the Federal Reserve in its decline, the emergence of the Euro in a multi-polar currency system and the Chinese influence in this most important policy arena. China's concerns about its US Dollar reserves are being amplified by the low returns of some of its investments in the United States. Today's reserve currency system effectively results in China lending to the US at very low interest rates. China needs to diversify out of the Dollar and it is this monetary policy that will fund…
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Produktdetails
- ISBN: 978-3-0353-0653-8
- EAN: 9783035306538
- Produktnummer: 25671755
- Verlag: Peter Lang AG, Internationaler Verlag der Wissenschaften
- Sprache: Englisch
- Erscheinungsjahr: 2014
- Seitenangabe: 0 S.
- Plattform: PDF
- Masse: 4'817 KB
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