{"product_id":"currency-hierarchy-globalisation","title":"Currency Hierarchy and Financial Globalisation","description":"\u003ch3\u003e\u003cstrong\u003eAuthors\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eLuiz Fernando de Paula; Barbara Fritz; Daniela Magalhães Prates\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eDetails\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 9781035328826\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePublished:\u003c\/strong\u003e 2026\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFormat:\u003c\/strong\u003e Hardcover\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eLanguage:\u003c\/strong\u003e English\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePublisher:\u003c\/strong\u003e Edward Elgar Publishing\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eDescription\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eThis book investigates how financial globalisation shapes the hierarchical order of currencies in the international monetary system. Building on the currency hierarchy framework, the authors examine why some currencies enjoy liquidity premia and stability while others carry a persistent \"currency risk premium\", and how this ranking constrains monetary and exchange rate policy in developing and emerging economies.\u003c\/p\u003e\n\u003cp\u003eDrawing on empirical evidence from Latin America and other peripheral economies, Luiz Fernando de Paula, Barbara Fritz and Daniela Magalhães Prates evaluate the implications of currency hierarchy for capital flows, exchange rate volatility and policy space, offering a structured account of a debate that has gained new urgency amid discussions of de-dollarisation and reserve currency diversification.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eKey Features\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eExplains the currency hierarchy framework and its empirical foundations\u003c\/li\u003e\n\u003cli\u003eAssesses implications for peripheral and emerging economies\u003c\/li\u003e\n\u003cli\u003eConnects theory to current debates on de-dollarisation and reserve diversification\u003c\/li\u003e\n\u003cli\u003eDraws on Latin American and comparative case evidence\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cstrong\u003eWho Should Read This Book\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eAcademics and graduate students in international economics and finance, central bank and policy researchers, and institutional libraries building collections on the international monetary system.\u003c\/p\u003e\n\u003ch3\u003eWhere can I buy Currency Hierarchy and Financial Globalisation?\u003c\/h3\u003e\n\u003cp\u003eYou can order it directly from CLNZ Books: \u003ca href=\"https:\/\/clnzbooks.com\/products\/currency-hierarchy-globalisation\"\u003eCurrency Hierarchy and Financial Globalisation\u003c\/a\u003e.\u003c\/p\u003e\n\u003ch3\u003eQ\u0026amp;A\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWhat does this book examine?\u003c\/strong\u003e\u003cbr\u003eHow financial globalisation shapes the hierarchical order of currencies in the international monetary system, and what that hierarchy means for policy space in peripheral and emerging economies.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhy is it timely?\u003c\/strong\u003e\u003cbr\u003eIt speaks directly to current debates on de-dollarisation, reserve currency diversification and the constraints facing emerging-market monetary policy.\u003c\/p\u003e\n\u003ch3\u003eHow to Order\u003c\/h3\u003e\n\u003cp\u003e\u003ca href=\"https:\/\/clnzbooks.com\/pages\/how-to-order\"\u003eHow to Order\u003c\/a\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eShipping \u0026amp; Payment\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003ePrice includes worldwide shipping. We accept credit card and PayPal.\u003c\/p\u003e\n\u003cp\u003eFor institutional orders and invoicing, please visit our \u003ca href=\"https:\/\/clnzbooks.com\/pages\/request-a-quote\" style=\"color:#8B0000;\"\u003eRequest a Quote\u003c\/a\u003e page.\u003c\/p\u003e","brand":"Edward Elgar Publishing","offers":[{"title":"Default Title","offer_id":43862207791178,"sku":null,"price":264.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0287\/7351\/5338\/files\/Currency.png?v=1785193376","url":"https:\/\/clnzbooks.com\/products\/currency-hierarchy-globalisation","provider":"CLNZ Books ","version":"1.0","type":"link"}