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The Exorbitant Burden: The Impact of the U.S. Dollar's Reserve and Global Currency Status on the U.S. Twin-Deficits

Robert G. Vambery, Taranza T. Ganziro




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 | #2901772 in eBooks |  2016-01-06 |  2016-01-06 | File type: PDF

|| |This study employs methods of quantitative analysis, vector error correction, and variables specification to examine the economic and security impact of the US dollar as the world s leading reserve currency. 'Exorbitant burden' is defined here as the quantitat

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 ex...

You easily download any file type for your device.The Exorbitant Burden: The Impact of the U.S. Dollar's Reserve and Global Currency Status on the U.S. Twin-Deficits   |  Robert G. Vambery, Taranza T. Ganziro. A good, fresh read, highly recommended.

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