Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency...

Frontmatter -- Contents -- Tables and Figures -- Acknowledgments -- Abbreviations and Acronyms -- Introduction -- 1. International Currency -- 2. Power Analysis -- 3. Monetary Power -- 4. From Currency to Power -- 5. From Power to Currency -- 6. Currency Competition Today -- 7. The Dollar: Power...

1. Life at the top : international currencies in the twenty-first century -- 2. The euro and transatlantic relations -- 3. EMU and the dollar : who threatens whom? -- 4. Global currency rivalry : can the euro ever challenge the dollar? -- 5. Enlargement and the international role of the euro --...

At any given time, a limited number of national currencies are used as instruments of international commerce, to settle foreign trade transactions or store value for investors and central banks. How countries whose currencies gain international appeal choose to use this status forms their...