The Power of Money by Van Dormael, Armand

The Power of Money (Hardcover) (ISBN-13: 9780333677773)

Vendor: Armand Van Dormael
Product type: Books
Format: Hardcover
$109.99
$109.99
$109.99
Subtotal: $109.99
The Power of Money by Van Dormael, Armand

The Power of Money

$109.99
The Power of Money by Van Dormael, Armand

The Power of Money

$109.99
Format: Hardcover
Description
Description
x
A highly readable account of the collision between sovereign states and global economic forces for the control of money. Throughout the ages money was a prerogative of national sovereignty and currency management was the responsibility of governments. Bretton Woods provided the post-war framework for intergovernmental monetary cooperation until the banking community, using the Eurodollar as an international medium of exchange, forced governments to adopt a regime of floating rates in the 1970s. The book describes the development of the Eurodollar market and the consequences for world finance as a new breed of financiers and currency traders radically changed the nature of international banking.

Author: Armand Van Dormael
ISBN-10: 0333677773
ISBN-13: 9780333677773
Publisher: Palgrave MacMillan
Language: English
Published: 01/21/1997
Pages: 184
Format: Hardcover
Weight: 0.88lbs
Size: 8.50h x 5.50w x 0.56d
By Armand Van Dormael
By Armand Van Dormael
x
ARMAND VAN DORMAEL joined the American company Sears, Roebuck in 1949 and was appointed head of the European buying organization with headquarters in Frankfurt, Germany. He thus acquired over 25 years direct experience of international trade. The monetary crises of the 1970s led him to search for a rational analysis of the structure of international finance. His book Bretton Woods: Birth of a Monetary System became a standard reference, described by The Economist as absorbing ... an intriguing story and by the THES as the best scholarly work on the subject.

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