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Currency StatecraftMonetary Rivalry and Geopolitical Ambition$
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Benjamin J. Cohen

Print publication date: 2018

Print ISBN-13: 9780226587691

Published to Chicago Scholarship Online: May 2019

DOI: 10.7208/chicago/9780226587868.001.0001

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(p.171) Eight Conclusion
Currency Statecraft

Benjamin J. Cohen

University of Chicago Press

This book has been framed by two central questions: What determines how governments choose to respond to internationalization of their currency (the use question) and what sets a limit to the effectiveness of currency statecraft (the utility question)? A good number of useful insights emerge from the discussion. These may be grouped under four headings: (1) first principles; (2) the use question; (3) the utility question; and (4) practical implications.

Keywords:   currency internationalization, use question, utility question, multipolarity, monetary rivalry

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