’s importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will …

’s importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will …

’s importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will …

The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set …, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they … the politics of the gold standard, particularly in the United States, and he examines the political economy of European …