Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System
Barry Eichengreen examines the dollar’s rise to international prominence, the advantages associated with its special position, and the factors that may contribute to its decline. The book considers how these changes could reshape the international monetary system and the future of global finance.
About This Book
Exorbitant Privilege explores the prominent role of the dollar in the international monetary system.
Barry Eichengreen considers how the dollar rose to this position and examines the forces shaping its future.
The book addresses the possibility of decline and the broader implications for global finance and economic relations.
It offers a focused examination of currency power, international monetary structures, and the changing place of the dollar.
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