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Is globalization leading us toward a world of fewer and fewer currencies and, consequently, simplified monetary management? Many specialists believe this is the case, as the territorial monopolies national governments have long claimed over money appear to be eroding. In The Future of Money, Benjamin Cohen argues that this view which he calls the Contraction Contention is wrong. Rigorously argued, written with extra-ordinary clarity, and thoroughly up-to-date, this book demonstrates that the global population of currencies is set to expand greatly, not contract, making monetary governance more difficult, not less.
This special low-priced edition is for sale in India, Bangladesh, Bhutan, Maldives, Nepal, Myanmar, Pakistan and Sri Lanka only. ISBN - 9788122419986
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Pages : 320
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