Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System by Barry Eichengreen
Published By: Oxford and New York: Oxford University Press ISBN: 978-0-19-975378-9 Date of Publication: 2011
Book Review Detail
Alberto Giovannini of Unifortune Asset Management
Review DOI: 10.1257/jel.49.4.1230.r8 Review Pages: 1264-65
Book Review Abstract
Alberto Giovannini of Unifortune Asset Management reviews "Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System" by Barry Eichengreen. The EconLit abstract of the reviewed work begins, "Explores the rise of the U.S. dollar to international prominence over the course of the twentieth century and considers what actions the United States can take to prevent it from losing its dominance. Discusses debut; dominance; rivalry; crisis; monopoly no more; and the dollar crash. Eichengreen is Professor of Economics and Political Science at the University of California, Berkeley. Index."