Since the Second World War, the US dollar has been the world's sole international reserve currency, giving it, in the words of one critic, 'exorbitant privelege'. But in the wake of the worldwide financial crisis, will other currencies overtake it? And what impact would that have? Eichengreen explai[...]

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 Chi[...]

The economic growth of South Korea has been a remarkable success story. After the Korean War, the country was one of the poorest economies on the planet; by the twenty-first century, it had become a middle-income country, a member of the Organization of Economic Cooperation and Development (the club[...]

This is a reassessment of the international monetary crises of the post-World War I period, that led to the Great Depression of the 1930s. It also analyzes the responses of the world's economic powers to the Depression and how new monetary policies set the stage for the watershed post-World War II s[...]

Western Europe's recovery from World War II was nothing short of miraculous. From the chaos of the war and the crisis of 1947, Europe moved directly to the most rapid quarter-century of economic growth in her history. The contributors to this volume seek to identify the sources of this singularly su[...]

First published more than a decade ago, "Globalizing Capital" remains an indispensable part of the economic literature today. Written by renowned economist Barry Eichengreen, this classic book emphasizes the importance of the international monetary system for understanding the international economy.[...]