{
"item_title" : "The Power of Money",
"item_author" : [" Armand Van Dormael "],
"item_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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The Power of Money
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Overview
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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Details
- ISBN-13: 9780333677773
- ISBN-10: 0333677773
- Publisher: Palgrave MacMillan
- Publish Date: January 1997
- Dimensions: 8.5 x 5.5 x 0.56 inches
- Shipping Weight: 0.88 pounds
- Page Count: 184
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