Exchange Rate Choices Matter to National Security

Gary Shiffman

Chapter 7 in Economic Instruments of Security Policy, 2006, pp 109-121 from Palgrave Macmillan

Abstract: Abstract A country can be more or less susceptible to external monetary actions based upon the way in which its currency gets traded internationally. Think of a domestic currency in three ways: as the domestic money produced by a state, as a medium of exchange which allows for international trade in goods and services, and as a good itself, traded in international financial markets. We will explore these three sides of the concept with the goal of considering specific policies—ways to use international finance to influence foreign leaders.

Keywords: Exchange Rate; Monetary Policy; Central Bank; National Security; Money Supply (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50537-7_8

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DOI: 10.1057/9780230505377_8

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