Includes bibliographical references and index.

The future of the dollar : whither the key currency? / Eric Helleiner and Jonathan Kirshner -- The enduring international preeminence of the dollar / Harold James -- U.S. current account deficits and the dollar standard's sustainability : a monetary approach / Ronald McKinnon -- Enduring top currency, fragile negotiated currency : politics and the dollar's international role / Eric Helleiner -- Housing finance, growth, and the U.S. dollar's surprising durability / Herman Schwartz -- From monopoly to oligopoly : lessons from the pre-1914 experience / Marcello de Cecco -- Toward a leaderless currency system / Benjamin J. Cohen -- Twenty-first century geopolitics and the erosion of the dollar order / David P. Calleo -- After the (relative) fall : dollar diminution and the consequences for American power / Jonathan Kirshner -- Summing up and looking ahead : the future of the future of the dollar / Eric Helleiner and Jonathan Kirshner.

For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. In recent years, however, the dollar's preponderant position in world markets has come under...