# The Dollar Trap

Canonical: https://www.bookquiver.com/eswar-s-prasad/the-dollar-trap

![The Dollar Trap](https://quivercdn.com/covers/india-portfolio/eswar-s-prasad/the-dollar-trap_978-06-7008-762-4-5fe1609f.jpg?v=2026-08-26%2004%3A03%3A48)

- Authors: [Eswar S Prasad](https://www.bookquiver.com/eswar-s-prasad)
- Language: en_IN
- Published: 2014-05-01

## Description

Eswar S. Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshalling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including the US government securities, other countries now have a strong incentive to prevent a dollar crash. Prasad takes the reader through key contemporary issues in international finance-including the growing economic influence of emerging markets, the currency wars, the complexities of the China-US relationship, and the role of institutions like the International Monetary Fund-and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the backdoor scheming that goes on in the corridors of international finance. The Dollar Trap offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency.

## Editions

### The Dollar Trap

- Publisher: india_portfolio
- ISBN: 978-06-7008-762-4
- Pages: 432
- Published: 2014-05-01
- Language: en_IN