Weak Dollar, Strong Euro?
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Weak Dollar, Strong Euro?: The International Impact of EMU

Weak Dollar, Strong Euro?: The International Impact of EMU


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About the Book

According to Fred Bergsten, the euro is set to topple the dollar from its position as dominant global currency, or at least match it. He suggests that the combination of EU governments pursuing quite lax fiscal policies, and a European Central Bank keen to assert its anti-inflationary credentials will drive up the value of the euro. International investors will shift billions of dollars into euros, provoking exchange-rate fluctuations and new protectionist pressures on both sides of the Atlantic. Bergsten argues the case for exchange rate targets as a means of ensuring some stability among the world's major currencies.


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Product Details
  • ISBN-13: 9781901229080
  • Publisher: Centre for European Reform (CER)
  • Publisher Imprint: Centre for European Reform (CER)
  • Height: 210 mm
  • ISBN-10: 1901229084
  • Publisher Date: /04/1998
  • Binding: Paperback
  • Sub Title: The International Impact of EMU


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