The Global Currencies Conundrum

Business & Finance, Business Reference, Education, Economics, Economic History, Nonfiction, Social & Cultural Studies, Political Science, International, International Relations
Cover of the book The Global Currencies Conundrum by , Peter Lang
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9783035398359
Publisher: Peter Lang Publication: October 27, 2014
Imprint: Peter Lang AG, Internationaler Verlag der Wissenschaften Language: English
Author:
ISBN: 9783035398359
Publisher: Peter Lang
Publication: October 27, 2014
Imprint: Peter Lang AG, Internationaler Verlag der Wissenschaften
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Peter Lang

Cover of the book From Sound to Meaning in Context by
Cover of the book Qualitaetsentwicklung an Waldorfschulen by
Cover of the book Deutschland im Staatenverbund by
Cover of the book Die Duldung rechtswidriger Zustaende im oeffentlichen Baurecht by
Cover of the book Erschwerte Lektueren by
Cover of the book Das Spannungsfeld zwischen goettlichem und menschlichem Koenigtum in Jes 139 by
Cover of the book Geschichte der Wald- und Forstgesetzgebung im Bundesland Schleswig-Holstein by
Cover of the book The Socialist Opposition in Nehruvian India 19471964 by
Cover of the book Bricolage by
Cover of the book Henry Jamess Enigmas by
Cover of the book Carrying a Torch by
Cover of the book Bausteine translatorischer Kompetenz «oder» Was macht Uebersetzer und Dolmetscher zu Profis? by
Cover of the book Langlais en France by
Cover of the book Kirche: Gegenwart Christi in der Welt by
Cover of the book Tradition and Innovation in Education by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy