Can the euro challenge the supremacy of the U.S. dollar as a global currency? From the time Europe¿s joint money was born, many have predicted that it would soon achieve parity with the dollar or possibly even surpass it. In reality, however, the euro has remained firmly planted in the dollar¿s sh[...]
The field of international political economy gained prominence in the early 1970s - when the Arab oil embargo and other crises ended the postwar era of virtually unhindered economic growth in the United States and Europe - and today is an essential part of both political science and economics. This [...]
Cohen shows how recent changes in the geography of money challenge state sovereignty. He examines the role of money and the scope of cross-border currency competition in today's world. Drawing on new work in geography and network theory to explain the new spatial organization of monetary relations, [...]
Mad money is a classic of international relations and international political economy literature. It also has profound modern relevance.
First published by Manchester University Press in 1998, the book called for an end to the volatility of international financial markets. Markets had grown, tec[...]