Dilemmas of the Dollar: The Economics and Politics of United States International Monetary Policy

An analysis of what the dollar’s role as the world’s leading currency has meant for the U.S. economy during the last five decades. Presents different scenarios for international monetary reform and assesses their respective implications for the United States. Bergsten, the Director of the Institute for International Economics, makes the case for explicit target zones that would be managed by international policy coordination under the auspices of the International Monetary Fund. Annotation c. by Book News, Inc., Portland, Or.