The dollar trap overturns this conventional wisdom the book shows how in the aftermath of the financial crisis us policies and a dysfunctional international monetary system have paradoxically strengthened the dollars importance in international finance it turns out everything is relative. The dollar trap how the us dollar tightened its grip on global finance eswar s prasad editions hardcover readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance the dollar trap offers a panoramic analysis of the fragile state of global finance and makes a compelling . The dollar trap is a well written well argued clear eyed presentation of global finance arguing the thesis that the dollar is locked in as a global reserve currency if not a unit of account or medium for transactions because even when the united states economy falters that just increases global uncertainty and sends investors and global . The dollar trap how the us dollar tightened its grip on global finance posted on april 6 2015 by cornell university library dyson school of applied economics and management video platform video management video solutions video player. The dollar trap how the us dollar tightened its grip on global finance a review the dollar this book provides an effective framework for why the dollar is likely to maintain its grip on global finance minor points of emphasis arise in an otherwise even handed presentation a more extensive discussion of the savings imbalance would
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