The Geography of Money
The language that a people speak, the money they use, and the flag that they wave all have traditionally contributed to the essence of their national identity. Yet, as Cohen notes, the idea of a national currency is a relatively recent one, and he goes on to suggest that current events are challenging the concept he calls "one nation/one money." A professor of political economics at the University of California^-Santa Barbara, Cohen shows how the widespread use of the U.S. dollar outside its borders, the push for a common European currency, and growing cross-border competition worldwide require a new consideration of "the role that money plays in today's world." He looks at the historical antecedents for monetary sovereignty and at the alternatives that might arise when "currency domains are no longer defined by territorial frontiers," and he provides a complex analysis of the political and economic implications of any changes that might take place.David Rouse--This text refers to an out of print or unavailable edition of this title.