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The Power of Money

Armand Van Dormael
A highly readable account of the collision between sovereign states and global economic forces for the control of money. Throughout the ages money was a prerogative of national sovereignty and currency management was the responsibility of governments. Bretton Woods provided the post-war framework for intergovernmental monetary cooperation until the banking community, using the Eurodollar as an international medium of exchange, forced governments to adopt a regime of floating rates in the 1970s. The book describes the development of the Eurodollar market and the consequences for world finance as a new breed of financiers and currency traders radically changed the nature of international banking.
Autor: Van Dormael, Armand
EAN: 9781349143030
Sprache: Englisch
Seitenzahl: 184
Produktart: kartoniert, broschiert
Verlag: Palgrave Macmillan Palgrave Macmillan UK Springer Palgrave Macmillan
Schlagworte: Bretton Woods
Größe: 216 × 140 × 10
Gewicht: 256 g