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The Exorbitant Burden: The Impact of the U.S. Dollar´s Reserve and Global Currency Status on the U.S. Twin-Deficits
Taranza T. Ganziro
€ 87.27
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Description for The Exorbitant Burden: The Impact of the U.S. Dollar´s Reserve and Global Currency Status on the U.S. Twin-Deficits
Hardback. This economic and political science work is a rigorous analysis that demonstrates that although it is a privilege and a benefit for the US to have its currency, the dollar, as the leading world reserve currency, the privilege also proves to be a very significant economic and security burden imposed on the nation. Num Pages: 300 pages. BIC Classification: 1KBB; KCLF; KFFD. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 229 x 152. .
Many economists and experts interpret the U.S. twin-deficits, the twin-wars in Iraq and Afghanistan, the 2008 Great Recession that escalated the US debt to vertiginous altitudes as the signs of time that the dollar is now set to repeat the history of the British Pound. But is really the role of the dollar as a global currency and an international reserve asset actually rewarded the United States with an exorbitant privilege? This book focuses on the opposite end of exorbitant privilege spectrum: the exorbitant burden the cost the very dollar reserve status impacts on the U.S. economy ... Read more
Many economists and experts interpret the U.S. twin-deficits, the twin-wars in Iraq and Afghanistan, the 2008 Great Recession that escalated the US debt to vertiginous altitudes as the signs of time that the dollar is now set to repeat the history of the British Pound. But is really the role of the dollar as a global currency and an international reserve asset actually rewarded the United States with an exorbitant privilege? This book focuses on the opposite end of exorbitant privilege spectrum: the exorbitant burden the cost the very dollar reserve status impacts on the U.S. economy ... Read more
Product Details
Publisher
Emerald Publishing Limited United Kingdom
Number of pages
300
Format
Hardback
Publication date
2016
Condition
New
Weight
549 g
Number of Pages
280
Place of Publication
Bingley, United Kingdom
ISBN
9781785606410
SKU
V9781785606410
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About Taranza T. Ganziro
Dr. Taranza T. Ganziro, Independent Scholar, Centreville, VA, USA Dr. Robert G. Vambery, Pace University, New York, NY, USA
Reviews for The Exorbitant Burden: The Impact of the U.S. Dollar´s Reserve and Global Currency Status on the U.S. Twin-Deficits
This study employs methods of quantitative analysis, vector error correction, and variables specification to examine the economic and security impact of the US dollar as the world's leading reserve currency. Exorbitant burden is defined here as the quantitative and qualitative costs of the dollar's reserve status as it provides the liquidity that fuels the global financial system. The ... Read more