Euro At Five READY FOR A GLOBAL ROLE?

The euro is the only major currency to be created in the 20th century and nowstands on the brink of becoming one of the world's two reserve currencies in the21st century. The euro's use and development shape the entire agenda for evercloserunion in Europe and for transatlantic relations. As the currency bearingthe brunt of the dollar's decline from its overvaluation of the late 1990s, the euro'svalue and management will be critical to the successful adjustment of international imbalances. Andas a long-run competitor and collaborator with the dollar, the euro creates the potential for a bipolarinternational monetary system, offering unprecedented challenges and opportunities to economicpolicymakers. This important new book explores the euro's international role, its record thus far, andits future.Posen, Adam Simon is the author of 'Euro At Five READY FOR A GLOBAL ROLE?', published 2005 under ISBN 9780881323740 and ISBN 0881323748.