New book/ebook – Currency Power: Understanding Monetary Rivalry

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Currency Power:
Understanding Monetary Rivalry

Benjamin J. Cohen

To read the entire book description or a sample chapter,
please visit: http://press.princeton.edu/titles/10577.html

Intense competition between international currencies like the US dollar, Europe’s euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. Popular opinion holds that the days of the dollar, long the world’s dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America’s greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy.

Hardcover | 2015 | $29.95 / £19.95 | ISBN: 9780691167855
eBook edition | ISBN: 9781400873517

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