Bucking the buck : US financial sanctions and the international backlash against the dollar / Daniel McDowell.
Publisher: New York, NY : Oxford University Press, 2023Description: 1 online resource : illustrations (black and white).Content type: text | still image Media type: computer Carrier type: online resourceISBN: 9780197679913.Subject(s): Economic sanctions, American | Dollar, American
| Monetary policy | International finance | United States -- Foreign economic relations | Economics | EconomicsAdditional Physical Form: Print version : 9780197679876DDC classification: 337.73 Online resources: Oxford Academic Summary: The US dollar is the world's indispensable currency, and it provides the United States enormous coercive powers against its adversaries. Over the last twenty years, Washington has increasingly relied on financial sanctions, but Bucking the Buck shows that the more the US wields the dollar as a foreign policy weapon, the more its adversaries move their economic activities into other currencies to avoid US coercion. The book shows that if the US wants to protect the dollar's status, its approach to sanctions needs to become more nuanced.
| Item type | Current library | Class number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| ebook | House of Lords Library - Palace Online access | 1 | Available |
Also issued in print: 2023.
Includes bibliographical references and index.
The US dollar is the world's indispensable currency, and it provides the United States enormous coercive powers against its adversaries. Over the last twenty years, Washington has increasingly relied on financial sanctions, but Bucking the Buck shows that the more the US wields the dollar as a foreign policy weapon, the more its adversaries move their economic activities into other currencies to avoid US coercion. The book shows that if the US wants to protect the dollar's status, its approach to sanctions needs to become more nuanced.
Specialized.
Description based on online resource; title from home page (viewed on March 27, 2023).