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The Review of International Organizations
Published in: The Review of International Organizations 1/2010

01-03-2010

Jean Pisani-Ferry and Adam S. Posen. 2009. The Euro at Ten: The next global currency? (Washington D.C.: Peterson Institute for International Economics, Bruegel)

Author: Daniele Schilirò

Published in: The Review of International Organizations | Issue 1/2010

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Excerpt

Is the Euro the next global currency? This is the main provocative question asked by Jean Pisani-Ferry, director of Bruegel and Professor at the Universite Paris-Dauphine, and Adam S. Posen, Senior Fellow at the Peterson Institute for International Economics and a member of the Monetary Policy Committee of the Bank of England, who edited this major book on the Euro, 10 years after its establishment. …
previous article Emilie M. Hafner-Burton. 2009. Forced to be Good: Why Trade Agreements Boost Human Rights, (Ithaca, Cornell University Press)

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Footnotes
1
The main features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate within a fixed value in terms of gold and the ability of the IMF to bridge temporary imbalances of payment. This system collapsed in 1971, after the United States unilaterally terminated convertibility of the dollars to gold. This action created the particular situation whereby the United States dollar became the “reserve currency” for the states that signed the agreement.
 
Metadata
Title
Jean Pisani-Ferry and Adam S. Posen. 2009. The Euro at Ten: The next global currency? (Washington D.C.: Peterson Institute for International Economics, Bruegel)
Author
Daniele Schilirò
Publication date
01-03-2010
Publisher
Springer US
Published in
The Review of International Organizations / Issue 1/2010
Print ISSN: 1559-7431
Electronic ISSN: 1559-744X
DOI
https://doi.org/10.1007/s11558-009-9079-0

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