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The Dollar Era

Andrea Boltho on Barry Eichengreen, Exorbitant Privilege. The dollar’s long reign as global reserve currency and prospects for its continued hegemony.

What’s Wrong with Europe?

As the dollar falls, pressures on torpid European economies are tightening. Behind official comparisons, how far have EU living standards truly diverged from American? Record and outlook in the world’s largest trading zone, while deflation looms.

Western Europe’s Economic Stagnation

“At the beginning of the 1990s, Western Europe is clearly facing more acute economic problems than are the other major countries of the oecd area. Both the United States and Japan seem to be hesitantly recovering in 1993 from their earlier, and relatively modest, slowdowns. Europe, on . . .” read more