Téléchargez le livre : The Global Currencies Conundrum
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Description
This book discusses the emergence of a multi-polar currency system. With the US Dollar’s hegemony as global reserve currency in question, it examines the role of the Federal Reserve in its decline, the emergence of the Euro in a multi-polar currency system and the Chinese influence in this most important policy arena. China’s concerns about its US Dollar reserves are being amplified by the low returns of some of its investments in the United States. Today’s reserve currency system effectively results in China lending to the US at very low interest rates.
China needs to diversify out of the Dollar and it is this monetary policy that will fundamentally change the global currency scenario. China has been supportive of the Euro since its creation and is also lending support to the IMF’s special drawing rights. At the same time, Chinese policy targets the internationalisation of the Renminbi and with that the creation of a multi-polar monetary order.
Pages
155 pages
Collection
n.c
Parution
2014-10-27
Marque
Peter Lang AG, Internationaler Verlag der Wissenschaften
EAN papier
9783034317672
EAN PDF
9783035306538
Informations sur l'ebook
Nombre pages copiables
31
Nombre pages imprimables
31
Taille du fichier
4813 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
44,26 €
EAN EPUB
9783035398359
Informations sur l'ebook
Nombre pages copiables
31
Nombre pages imprimables
31
Taille du fichier
2232 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
44,26 €

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