June 12, 2018
For companies and investors outside the […]
September 13, 2017
The experience of recent decades has challenged the prediction that the single currency would help differences in income levels across euro area countries narrow over time. This income convergence among the founding countries of the euro has not happened, prompting […]
We have a global economy, but we don’t have a global currency. Or do we?
In this podcast interview with Benjamin Cohen, professor of International Political Economy at the University of California, Cohen explains why currencies become internationalized, and examines the relationship between world currencies and State power. […]