{"product_id":"dollar-dominance-junji-tokunaga-9781041227878","title":"Dollar Dominance: Fundamentals, Nature, and Present Structure","description":"\u003cp\u003eThis book critically analyzes the US dollar's dominance as an international currency through an analysis of US dollar gross balance sheets in the shadow banking system at global, systematically important banks.\u003c\/p\u003e\u003cp\u003eIt begins by drawing upon Minsky and Kindleberger's financial fragility hypothesis, explaining how analysis of dynamics in balance sheet expansion helps to reveal the fundamentals of the dollar standard system. It then examines the dollar standard system in the 2000s and during the Global Financial Crisis (GFC) of 2007-09, showing how endogenous finance of the dollar drove said banks to overstretch their balance sheets. An analysis of the dollar standard system post-crisis suggests that US Treasury securities as universal collateral assets have acted as a bedrock for the present dollar standard system.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eDollar Dominance\u003c\/i\u003e will interest scholars and graduate students of international finance, monetary systems, money, and banking. It is also a useful resource for central bankers, financial regulators, and other finance industry professionals.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Junji Tokunaga\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1041227876\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781041227878\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Routledge\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/30\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 114\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.68lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.50h x 5.50w x 0.38d","brand":"Junji Tokunaga","offers":[{"title":"Hardcover","offer_id":49001070592255,"sku":"9781041227878","price":89.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/dollar-dominance-junji-tokunaga-9781041227878","provider":"WR Book House","version":"1.0","type":"link"}