From the brightest minds in the field-a revealinglook at how countries use their currencies toachieve prosperity ...and the coming repercussions Bloomberg Television's Sara Eisen sheds light on the complex global financial system through this illuminating collection of essays. She hand selected the creme de la creme of authors from the world's most prestigious academic institutions and esteemed professional organizations to share--for the first time in print-- their observations and deductions on the topics that matter most to you and your future wealth, including: THE RELATIONSHIP BETWEEN CURRENCIES AND FINANCIAL CRISES THE FLAWS WITHIN THE INTERNATIONAL EXCHANGE RATE SYSTEM AND THEIR CONSEQUENCES HOW EMERGING MARKETS FIT INTO THE CURRENT AND FUTURE EXCHANGE RATE FRAMEWORK THE IMPACT EXCHANGE RATES HAVE ON FREE TRADE AND ECONOMIC GROWTH WHAT DEFINES A SAFE HAVEN CURRENCY AND ITS ROLE POTENTIAL SOLUTIONS TO THE CURRENT ECONOMIC PROBLEMS Today's fiat currency system is based upon trust among market participants, politicians, and central bankers--and that trust is assembled around the reserve currency that enjoys an exorbitant privilege. The reserve status is in doubt in a post financial crisis era but alternatives are lacking...This book is a great guide on how the global currency system is morphing into apotential new standard, but t without the necessary volatility. -- Ben Emons, Senior Vice President, Portfolio Manager, PIMCO
Sara Eisen is a correspondent for Bloomberg Television. She appears on Bloomberg Surveillance, Bloomberg's TV program that begins the day's conversation on business, economics, finance, and investment. She also can be seen daily on Bloomberg TV's Lunch Money mid-day program. Based in New York City, Eisen specializes in covering global macroeconomics, with a focus on foreign exchange and fixed income markets. She has extensively covered the European debt crisis, interviewing top political leaders and finance ministers from Germany to Greece; she also frequently moderates panels on international economics.
McGraw-Hill Education - Europe
Date of Publication
Business, Accounting & Vocational: Textbooks & Study Guides