Remarks on Currency and Commerce PDF Download
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Author: John Wheatley
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 282
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Author: John Wheatley
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 282
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Book Description
Author: Oliver Wolcott
Publisher:
ISBN:
Category : Address of the Society of Tammany, or Columbia Order
Languages : en
Pages : 56
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Author: Oliver WOLCOTT (the Younger, Governor of the State of Connecticut.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 52
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Book Description
Author: Philip Alexander Robinson
Publisher: Washington D.C.] The Neale Company
ISBN:
Category : Currency question
Languages : en
Pages : 296
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Book Description
Author: Benjamin J. Cohen
Publisher: University of Chicago Press
ISBN: 022658772X
Category : Business & Economics
Languages : en
Pages : 215
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Book Description
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 strategy of currency statecraft. In different circumstances, issuing governments may welcome and promote the internationalization of their currency, tolerate it, or actively oppose it. Benjamin J. Cohen offers a provocative explanation of the strategic policy choices at play. In a comprehensive review that ranges from World War II to the present, Cohen convincingly argues that one goal stands out as the primary motivation for currency statecraft: the extent of a country’s geopolitical ambition, or how driven it is to build or sustain a prominent place in the international community. When a currency becomes internationalized, it generally increases the power of the nation that produces it. In the persistent contestation that characterizes global politics, that extra edge can matter greatly, making monetary rivalry an integral component of geopolitics. Today, the major example of monetary rivalry is the emerging confrontation between the US dollar and the Chinese renminbi. Cohen describes how China has vigorously promoted the international standing of its currency in recent years, even at the risk of exacerbating relations with the United States, and explains how the outcome could play a major role in shaping the broader geopolitical engagement between the two superpowers.
Author: Christine Desan
Publisher: Oxford University Press, USA
ISBN: 0198709579
Category : Business & Economics
Languages : en
Pages : 501
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Book Description
In this revisionist history of the development of the modern monetary system, Desan argues that money effectively creates economic activity rather than emerging from it. Her account demonstrates that money's design has been a project central to governance and formative to markets.
Author: United States. Department of Commerce
Publisher:
ISBN:
Category : Consular reports
Languages : en
Pages : 576
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Book Description
Author: JOHN. WHEATLEY
Publisher:
ISBN: 9781033516072
Category :
Languages : en
Pages : 0
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Author: Martin Chorzempa
Publisher: PublicAffairs
ISBN: 1541700724
Category : Business & Economics
Languages : en
Pages : 258
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Book Description
Financial Times, Best Books of 2022: Economics The startling picture of how China’s revolution in finance and technology is changing both Wall Street and the way individuals manage their personal finances. The future of finance – the way Wall Street operates and how individuals manage their money - is on the verge of upheaval. And the force underlying the change comes from China, where finance and technology are being merged into a system with consequences that resonate far beyond China’s border. The changes of this global revolution in finance and technology - fintech - will be as powerful as those wrought in social media, retailing and advertising by giants such as Amazon, Facebook, Google, and Twitter, which have overturned how we shop and communicate. China reinvented money with lightning speed, transforming a backward, antiquated cash-based finance system into one centered on super-apps created by technology giants Alibaba and Tencent. More powerful than anything available outside of China, they allow their billion users to pay, borrow, invest, buy goods and services, travel, chat (and far more) all fused together in one mobile phone application. Think Facebook, Google, Twitter, Goldman Sachs, Amazon, J.P. Morgan Chase all rolled into one app. We in the West need to understand China’s cashless revolution for reasons ranging from the macroeconomic to issues of personal liberty: The cutting edge of finance is now in China, forcing major financial firms in the United States and the West to figure out how not to be left behind.. China’s cashless revolution is also a harbinger of our future if we let the genie out of the bottle and allow big tech to become big finance. As money goes digital and central banks around the world consider launching digital currencies, we may have both immense convenience and a frightening concentration of power that could violate our privacy, stifle competition, increase financial risk, and give big firms or the government more control over our financial lives. And, once this genie is out of the bottle, the struggle to put it back in may be impossible.
![Reflections upon circulating medium, currency, prices, commerce, exchanges [&c.] with reference to the present state of the country PDF](https://books.google.com/books/content/images/frontcover/dFUVAAAAQAAJ?fife=w80-h100)
Author: Charles Craufurd
Publisher:
ISBN:
Category :
Languages : en
Pages : 224
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Book Description
