Demands for control of the expanding Euromarkets have been voiced for some time. On what grounds are they based? What form could this control take? These issues are discussed by Manfred Lahnstein. Further comments on these problems can be found in the following article by Wilfried Guth.

This book analyses how financial elites in key dollar-holding emerging markets perceive the contest between the euro and the dollar for global currency status. It also assesses how far the Eurozone has gone in challenging US hegemony in monetary affairs through the prism of these elites.Drawing...