Instability, Liquidity and World Money

Lacey Schmeidler

ISBN 10: 3845404108 / ISBN 13: 9783845404103

Published by LAP LAMBERT Academic Publishing Jun 2011, 2011

About this Item

Neuware -The need for an international currency dates back to at least the Byzantine Empire. The United States Dollar has been the leading world money since at least the Bretton Woods agreement. However, in recent years the flaws of the Dollar standard have become prominent and competition has presented itself to the Dollar regime. What does the future hold for the Dollar Standard International trade flows have never been larger nor more essential to sustained global growth, making a medium of exchange all the more essential. What will happen to international trade if the Dollar standard is replaced What will happen to America's political power when its currency is not longer the international unit of exchange This essay analyzes the current status of the Dollar as world money and evaluates its future as the world's leading international currency.Books on Demand GmbH, Überseering 33, 22297 Hamburg 64 pp. Englisch.

Seller Inventory # 9783845404103

Bibliographic Details

• Title: Instability, Liquidity and World Money
• Publisher: LAP LAMBERT Academic Publishing Jun 2011
• Publication Date: 2011
• Language: English
• ISBN 10: 3845404108
• ISBN 13: 9783845404103
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 4D millimeters 220 millimeters width by 150 millimeters height by 4 millimeters depth
• Weight: 113 grams

About this title

Synopsis

The need for an international currency dates back to at least the Byzantine Empire. The United States Dollar has been the leading world money since at least the Bretton Woods agreement. However, in recent years the flaws of the Dollar standard have become prominent and competition has presented itself to the Dollar regime. What does the future hold for the Dollar Standard? International trade flows have never been larger nor more essential to sustained global growth, making a medium of exchange all the more essential. What will happen to international trade if the Dollar standard is replaced? What will happen to America's political power when its currency is not longer the international unit of exchange? This essay analyzes the current status of the Dollar as world money and evaluates its future as the world's leading international currency.

About the Author

Lacey Schmeidler holds a Master's degree in International Political Economy and Development from the Institute of Social Studies in The Hague, The Netherlands and Bachelor's degrees in Political Science and German from Kansas State University. She currently lives in Washington, DC and her career interest lies in the area of economic development.