A highly readable account of the collision between sovereign states and global economic forces for the control of money. Throughout the ages money was a prerogative of national sovereignty and currency management was the responsibility of governments. Bretton Woods provided the post-war framework for intergovernmental monetary cooperation until the banking community, using the Eurodollar as an international medium of exchange, forced governments to adopt a regime of floating rates in the 1970s. The book describes the development of the Eurodollar market and the consequences for world finance as a new breed of financiers and currency traders radically changed the nature of international banking.
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Bretton Woods provided the post-war framework for intergovernmental monetary cooperation until the banking community, using the Eurodollar as an international medium of exchange, forced governments to adopt a regime of floating rates in the 1970s.
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The Power of Money - The Morganization of America - Germany Will Pay - Morgan's Solution - The Crash - The Wasted Years - Bretton Woods Revisited - The Americanization of Europe - The Eurodollar - Europe Unite - The EMU House of Cards - Banking in Wonderland - The Global Money Game - A Sisyphean Labyrinth - Notes - Index
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Produktdetaljer
ISBN
9780333677773
Publisert
1997-01-21
Utgiver
Vendor
Palgrave Macmillan
Høyde
216 mm
Bredde
140 mm
Aldersnivå
Research, UU, UP, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Forfatter