000			cam a22 i 4500
999			_c74546 _d74546
003			UK-LoPHL
005			20180813112116.0
007			ta
008			180813s2018 xxua b 001 0 eng d
020			_a9780691177007 _qhardback
040			_aBTCTA _beng _cBTCTA _erda _dYDX _dBDX _dERASA _dCDX _dBKL _dOCLCF _dHTM _dLUG _dOCLCQ _dCNO _dDLC _dUK-LoPHL
082	0	4	_a332.042
100	1		_aEichengreen, Barry J., _eauthor. _972076
245	1	0	_aHow global currencies work : _bpast, present, and future / _cBarry Eichengreen, Arnaud Mehl, Livia Chiţu.
264		1	_aPrinceton : _bPrinceton University Press, _c2018.
300			_axv, 250 pages : _billustrations
336			_atext _2rdacontent
336			_astill image _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
505	0	0	_g1 _tIntroduction -- _g2 _tThe origins of foreign balances -- _g3 _tFrom Jekyll Island to Genoa -- _g4 _tReserve currencies in the 1920s and 1930s -- _g5 _tThe role of currencies in financing international trade -- _g6 _tEvidence from international bond markets -- _g7 _tReserve currency competition in the second half of the twentieth century -- _g8 _tThe retreat of sterling -- _g9 _tThe rise and fall of the yen -- _g10 _tThe euro as second in command -- _g11 _tProspects for the renminbi -- _g12 _tConclusion.
520			_a"At first glance, the modern history of the global economic system seems to support the long-held view that the leading world power's currency - the British pound, the U.S. dollar, and perhaps someday the Chinese yuan - invariably dominates international trade and finance. In How Global Currencies Work, three noted economists provide a reassessment of this history and the theories behind the conventional wisdom. Offering a new history of global finance over the past two centuries, and marshaling extensive new data to test established theories of how global currencies work, Barry Eichengreen, Arnaud Mehl, and Livia Chiţu argue for a new view, in which several national monies can share international currency status, and their importance can change rapidly. They demonstrate how changes in technology and in the structure of international trade and finance have reshaped the landscape of international currencies so that several international financial standards can coexist. They show that multiple international and reserve currencies have in fact coexisted in the past -upending the traditional view of the British pound's dominance prior to 1945 and the U.S. dollar's dominance more recently. Looking forward, the book tackles the implications of this new framework for major questions facing the future of the international monetary system, from whether the euro and the Chinese yuan might address their respective challenges and perhaps rival the dollar, to how increased currency competition might affect global financial stability." _cTaken from dust jacket.
650		0	_aInternational finance. _924565
650		0	_aMoney. _924794
650		0	_aDollar, American _xHistory _y20th century. _9119522
650		0	_aPound, British _xHistory. _943205
650		0	_aYen, Japanese _xHistory _y20th century. _9119523
650		0	_aRenminbi _xForecasting. _9119524
700	1		_aMehl, Arnaud _eauthor. _9119525
700	1		_aChiţu, Livia, _eauthor. _9119526
942			_2ddc _cBK