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The Power of Money
Hardcover
ISBN13: 9780814787915
Publisher: New York Univ Pr
Published: Feb 1 1997
Pages: 176
Weight: 0.74
Height: 0.84 Width: 5.62 Depth: 8.74
Language: English
The global marketplace is thriving; trillions of dollars trade hands each business day. And yet the way money works is shrouded in mystery for the majority of us. Who controls money? What governs the way money is handled?
In the 1950s, the nature of international banking changed through the creation of the Euromarket. The Power of Money tells the story of this development from the Bretton Woods system to the floating rates of the Euromarket.
Van Dormael analyzes the current economic situation of the Eurodollar and its effect on the rest of the world, and discusses the history of the Euromarket in light of today's economic environment.
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