The euro, the dollar and the global financial crisis currency challenges seen from emerging markets - Otero-Iglesias, Miguel 1979- (Routledge, 2014)
Cover; Title Page; Copyright Page; Table of Contents; List of Illustrations; Preface and acknowledgements; 1 Introduction: The euro challenge seen from emerging markets; 2 Reframing the euro vs. dollar debate; 3 The material limits of the euro challenge to the dollar; 4 The alternative of the euro and the negotiated status of the dollar; 5 The euro's ideational challenge to the unipolarity of the dollar; 6 The Eurozone's monetary power in reforming the floating dollar standard; 7 Conclusion; Index
Many scholars have contributed to ongoing debates about the competition between the dollar and the euro for global monetary dominance. Few have added as much value as Miguel Otero-Iglesias with his systematic and original survey of the views of financial elites in major emerging market economies. Where conventional interpretations emphasize material ""reality,"" Otero-Iglesias''s ideational analysis clearly demonstrates how important it is to consider as well how ""reality"" is perceived and framed by key actors. The euro may be structurally weak, limiting its ""hard"" power. But at the cognit