Prasad, Eswar S. - Princeton University Press
The U.S. dollar’s dominance seems under threat. The near collapse of the U.S. financial system in 2008–2009, political … financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar …’s importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will …