Author: United States. Congress. House. Committee on Government Operations
Publisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 56
Book Description
U.S.-owned Foreign Currencies
Author: United States. Congress. House. Committee on Government Operations
Publisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 56
Book Description
Publisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 56
Book Description
U.S.-owned Foreign Currencies
Author: United States. Congress. House. Government Operations
Publisher:
ISBN:
Category :
Languages : en
Pages : 276
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 276
Book Description
U.S.-Owned Foreign Currencies
Author: United States. Congress. House. Committee on Government Operations. Foreign Operations and Government Information Subcommittee
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 276
Book Description
Reviews use of surplus U.S.-owned foreign currencies in India and other nations.
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 276
Book Description
Reviews use of surplus U.S.-owned foreign currencies in India and other nations.
Utilization of Excess U.S.-owned Foreign Currencies in Certain Countries
Author: United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Foreign Economic Policy
Publisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 244
Book Description
Considers methods to utilize more effectively U.S.-owned foreign currencies generated through P.L. 480 program and through payments on AID loans in 10 countries.
Publisher:
ISBN:
Category : Counterpart funds
Languages : en
Pages : 244
Book Description
Considers methods to utilize more effectively U.S.-owned foreign currencies generated through P.L. 480 program and through payments on AID loans in 10 countries.
Utilization of Excess U.S.-owned Foreign Currencies in Certain Countries
Author: United States. Congress. House. Foreign Affairs
Publisher:
ISBN:
Category :
Languages : en
Pages : 244
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 244
Book Description
Water Resources and U.S.-owned Foreign Currencies
Author: Leland O. Graham
Publisher:
ISBN:
Category : Technical assistance, American
Languages : en
Pages : 124
Book Description
Publisher:
ISBN:
Category : Technical assistance, American
Languages : en
Pages : 124
Book Description
Water Resources and U.S. Owned Foreign Currencies, Staff Report Prepared for the Use ... 91-2, November 1970
Author: United States. Congress. Senate. Committee on Public Works
Publisher:
ISBN:
Category :
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 136
Book Description
Exorbitant Privilege
Author: Barry Eichengreen
Publisher: Oxford University Press
ISBN: 0199753784
Category : Business & Economics
Languages : en
Pages : 224
Book Description
For more than half a century, the U.S. dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. Nearly three-quarters of all $100 bills circulate outside the United States. The dollar holdings of the Chinese government alone come to more than $1,000 per Chinese resident.This dependence on dollars, by banks, corporations and governments around the world, is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's "exorbitant privilege." However, recent events have raised concerns that this soon may be a privilege lost. Among these have been the effects of the financial crisis and the Great Recession: high unemployment, record federal deficits, and financial distress. In addition there is the rise of challengers like the euro and China's renminbi. Some say that the dollar may soon cease to be the world's standard currency--which would depress American living standards and weaken the country's international influence.In Exorbitant Privilege, one of our foremost economists, Barry Eichengreen, traces the rise of the dollar to international prominence over the course of the 20th century. He shows how the greenback dominated internationally in the second half of the century for the same reasons--and in the same way--that the United States dominated the global economy. But now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy. It follows, Eichengreen argues, that the dollar will not be as dominant. But this does not mean that the coming changes will necessarily be sudden and dire--or that the dollar is doomed to lose its international status. Challenging the presumption that there is room for only one true global currency--either the dollar or something else--Eichengreen shows that several currencies have shared this international role over long periods. What was true in the distant past will be true, once again, in the not-too-distant future.The dollar will lose its international currency status, Eichengreen warns, only if the United States repeats the mistakes that led to the financial crisis and only if it fails to put its fiscal and financial house in order. The greenback's fate hinges, in other words, not on the actions of the Chinese government but on economic policy decisions here in the United States.Incisive, challenging and iconoclastic, Exorbitant Privilege, which was shortlisted for the FT Goldman Sachs 2011 Best Business Book of the Year, is a fascinating analysis of the changes that lie ahead. It is a challenge, equally, to those who warn that the dollar is doomed and to those who regard its continuing dominance as inevitable.
Publisher: Oxford University Press
ISBN: 0199753784
Category : Business & Economics
Languages : en
Pages : 224
Book Description
For more than half a century, the U.S. dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. Nearly three-quarters of all $100 bills circulate outside the United States. The dollar holdings of the Chinese government alone come to more than $1,000 per Chinese resident.This dependence on dollars, by banks, corporations and governments around the world, is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's "exorbitant privilege." However, recent events have raised concerns that this soon may be a privilege lost. Among these have been the effects of the financial crisis and the Great Recession: high unemployment, record federal deficits, and financial distress. In addition there is the rise of challengers like the euro and China's renminbi. Some say that the dollar may soon cease to be the world's standard currency--which would depress American living standards and weaken the country's international influence.In Exorbitant Privilege, one of our foremost economists, Barry Eichengreen, traces the rise of the dollar to international prominence over the course of the 20th century. He shows how the greenback dominated internationally in the second half of the century for the same reasons--and in the same way--that the United States dominated the global economy. But now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy. It follows, Eichengreen argues, that the dollar will not be as dominant. But this does not mean that the coming changes will necessarily be sudden and dire--or that the dollar is doomed to lose its international status. Challenging the presumption that there is room for only one true global currency--either the dollar or something else--Eichengreen shows that several currencies have shared this international role over long periods. What was true in the distant past will be true, once again, in the not-too-distant future.The dollar will lose its international currency status, Eichengreen warns, only if the United States repeats the mistakes that led to the financial crisis and only if it fails to put its fiscal and financial house in order. The greenback's fate hinges, in other words, not on the actions of the Chinese government but on economic policy decisions here in the United States.Incisive, challenging and iconoclastic, Exorbitant Privilege, which was shortlisted for the FT Goldman Sachs 2011 Best Business Book of the Year, is a fascinating analysis of the changes that lie ahead. It is a challenge, equally, to those who warn that the dollar is doomed and to those who regard its continuing dominance as inevitable.
Self-employment Tax
Author:
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 12
Book Description
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 12
Book Description
Strained Relations
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 022605151X
Category : Business & Economics
Languages : en
Pages : 453
Book Description
During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.
Publisher: University of Chicago Press
ISBN: 022605151X
Category : Business & Economics
Languages : en
Pages : 453
Book Description
During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.