The Power of Money

Name: The Power of Money
Brand: Springer Nature
SKU: 9781349143016
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Product Details

Brand

Springer Nature

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N/A

Part Number

GTIN

9781349143016

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New

Product Description

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.

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