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Exorbitant Burden
A01=Robert G. Vambery
A01=Taranza T. Ganziro
Age Group_Uncategorized
Age Group_Uncategorized
Author_Robert G. Vambery
Author_Taranza T. Ganziro
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Category1=Non-Fiction
Category=KCL
Category=KCLF
Category=KFFD
COP=United Kingdom
Delivery_Delivery within 10-20 working days
eq_business-finance-law
eq_isMigrated=2
eq_non-fiction
Language_English
PA=Available
Price_€50 to €100
PS=Active
softlaunch
Product details
- ISBN 9781785606410
- Weight: 596g
- Dimensions: 152 x 229mm
- Publication Date: 06 Jan 2016
- Publisher: Emerald Publishing Limited
- Publication City/Country: GB
- Product Form: Hardback
- Language: English
Delivery/Collection within 10-20 working days
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Many economists and experts interpret the U.S. twin-deficits, the twin-wars in Iraq and Afghanistan, the 2008 Great Recession that escalated the US debt to vertiginous altitudes" as the signs of time that the dollar is now set to repeat the history of the British Pound. But is really the role of the dollar" as a global currency and an international reserve asset" actually rewarded the United States with an exorbitant privilege? This book focuses on the opposite end of exorbitant privilege spectrum: the exorbitant burden the cost the very dollar reserve status impacts on the U.S. economy through the twin deficits. This economic and political science work is a rigorous quantitative analysis that demonstrates that although it is a privilege and a benefit for the US to have its currency, the dollar, as the leading world reserve currency, the privilege also proves to be a very significant economic and security burden imposed on the nation.
Dr. Taranza T. Ganziro, Independent Scholar, Centreville, VA, USA
Dr. Robert G. Vambery, Pace University, New York, NY, USA
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