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| 001 | 000046149728 | |
| 005 | 20230523165532 | |
| 008 | 230522s2023 nyua b 001 0 eng | |
| 010 | ▼a 2022060608 | |
| 020 | ▼a 9780197679883 ▼q (paperback) | |
| 020 | ▼a 9780197679876 ▼q (hardback) | |
| 020 | ▼z 9780197679890 ▼q (epub) | |
| 020 | ▼z 9780197679906 | |
| 020 | ▼z 9780197679913 | |
| 035 | ▼a (KERIS)REF000020237343 | |
| 040 | ▼a DLC ▼b eng ▼e rda ▼c DLC ▼d DLC ▼d 211009 | |
| 042 | ▼a pcc | |
| 043 | ▼a n-us--- | |
| 050 | 0 0 | ▼a HF1413.5 ▼b .M43 2023 |
| 082 | 0 0 | ▼a 327.1/17 ▼2 23 |
| 084 | ▼a 327.117 ▼2 DDCK | |
| 090 | ▼a 327.117 ▼b M138b | |
| 100 | 1 | ▼a McDowell, Daniel. |
| 245 | 1 0 | ▼a Bucking the buck : ▼b US financial sanctions and the international backlash against the dollar / ▼c Daniel McDowell. |
| 260 | ▼a New York, NY : ▼b Oxford University Press, ▼c 2023. | |
| 264 | 1 | ▼a New York, NY : ▼b Oxford University Press, ▼c [2023] |
| 300 | ▼a xv, 238 p. : ▼b ill. ; ▼c 24 cm. | |
| 336 | ▼a text ▼b txt ▼2 rdacontent | |
| 337 | ▼a unmediated ▼b n ▼2 rdamedia | |
| 338 | ▼a volume ▼b nc ▼2 rdacarrier | |
| 504 | ▼a Includes bibliographical references and index. | |
| 505 | 0 | ▼a Financial sanctions and political risk in the international currency system -- The source and exercise of American financial power -- Sanctions, political risk, and the reserve currency role -- The anti-dollar gold rush : central bank reserves in the age of financial sanctions -- Sanctions, political risk, and the dollar as international payments currency -- Payment politics : anti-dollar responses to sanctions in trade settlement -- Financial sanctions and the dollar's rivals -- Sanctions and China's play for payments power. |
| 520 | ▼a "The book's central claim is that US financial sanctions generate political risk in the international currency system. Political risk is defined here as the potential for a political act to raise the expected costs of using a currency for cross-border transactions or as a store of value. Over time, the accumulation of political risk in the system creates incentives for governments to adopt anti-dollar policies to promote the use of currencies or assets other than the dollar for investment and cross-border transactions. Of course, anti-dollar policies may fail. Thus, on their own they do not imply that the dollar is playing a diminishing role in a country's international economic relations. They merely indicate that the government is attempting to bring about such a shift. When sanctions-induced anti-dollar policies do successfully reduce reliance on the dollar, it signifies de-dollarization-the intentional reduction of the dollar's role in a nation's cross-border economic activities. The book explores this argument with a series of empirical chapters that examine the first two decades of the twenty-first century, a period in which the United States steadily increased its use of financial sanctions against foreign adversaries and pariah states"--Provided by publisher. | |
| 650 | 0 | ▼a Economic sanctions, American. |
| 650 | 0 | ▼a Dollar, American. |
| 650 | 0 | ▼a Monetary policy. |
| 650 | 0 | ▼a International finance. |
| 651 | 0 | ▼a United States ▼x Foreign economic relations. |
| 945 | ▼a ITMT |
Holdings Information
| No. | Location | Call Number | Accession No. | Availability | Due Date | Make a Reservation | Service |
|---|---|---|---|---|---|---|---|
| No. 1 | Location Main Library/Western Books/ | Call Number 327.117 M138b | Accession No. 111880775 | Availability Available | Due Date | Make a Reservation | Service |
Contents information
Table of Contents
Figures Tables Preface and Acknowledgements Abbreviations Introduction CH. 1 Financial Sanctions and Political Risk in the International Currency System CH. 2 The Source and Exercise of American Financial Power CH. 3 Sanctions, Political Risk, and the Reserve Currency Role CH. 4 The Anti-Dollar Gold Rush: Central Bank Reserves in the Age of Financial Sanctions CH. 5 Sanctions, Political Risk, and the Dollar as International Payments Currency CH. 6 Payment Politics: Anti-Dollar Responses to Sanctions in Trade Settlement CH. 7 Financial Sanctions and the Dollar''s Rivals CH. 8 Sanctions and China''s Play for Payments Power Conclusion Appendices References Notes
