The Power of Money (Paperback)
  • The Power of Money (Paperback)
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The Power of Money (Paperback)

(author)
£89.99
Paperback 184 Pages / Published: 01/01/1997
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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.

Publisher: Palgrave Macmillan
ISBN: 9781349143030
Number of pages: 184
Weight: 256 g
Dimensions: 216 x 140 x 11 mm
Edition: 1st ed. 1997

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