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Routledge - The Power of Currencies and Currencies of Power

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Description

Explore the relationship between global economics and national influence in this Routledge publication from the Adelphi series. This book examines how a Great Power's arsenal extends beyond military strength to include soft power and currency power. With the US dollar dominating the global economy, it is used for settling trade and investment deals and held in reserve by central banks to manage payments crises. This high demand for dollars helps keep US borrowing costs lower, which supports the country's economic strength and its ability to fund its armed forces. The text provides a detailed look at how the US has used the power of the dollar to apply pressure to nations such as Iran.

Key Features

Part of the Adelphi series published by Routledge for deep economic insight.

Analyzes how currency power functions alongside military and soft power.

Explains the role of the US dollar in global trade and investment deals.

Discusses how central bank reserves impact US borrowing costs and economic power.

Examines the use of the dollar as a tool to put pressure on nations like Iran.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 June 2017
Listed Since
26 July 2017

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