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Why should each country have its own exclusive currency? Eric Helleiner offers a fascinating and unique perspective on this question in his accessible history of the origins of national money. Our contemporary understandings of national currency are, Helleiner shows, surprisingly recent. Based on standardized technologies of production and extraction, territorially exclusive national currencies emerged for the first time only during the nineteenth century. This major change involved a narrow definition of legal tender and the exclusion of tokens of value issued outside the national territory. "Territorial currencies" rapidly became bound up with the rise of national markets, and money reflected basic questions of national identity and self-presentation: In what way should money be managed to serve national goals? Whose pictures should go on the banknotes? Helleiner draws out the potent implications of this largely unknown history for today's context. Territorial currencies face challenges from many monetary innovations-the creation of the euro, dollarization, the spread of local currencies, and the prospect of privately issued electronic currencies. While these challenges are dramatic, the author argues that their significance should not be overstated. Even in their short historical life, territorial currencies have never been as dominant as conventional wisdom suggests. The future of this kind of currency, Helleiner contends, depends on political struggles across the globe, struggles that echo those at the birth of national money.

Argent (monnaie) --- Currency question --- Currency stability --- Fiat moncy --- Free coinage --- Geld --- Monetary question --- Monetary stability --- Money --- Monnaie--Stabilité --- Monnaies--Stabilité --- Munt--Stabiliteit --- Munten--Stabiliteit --- Muntstabiliteit --- Muntvraagstuk --- Question monétaire --- Scrip --- Stabilité monétaire --- AA / International- internationaal --- 333.401 --- 333.400 --- 333.403 --- Begrip en functies van het geld. --- Geldwezen: algemeenheden. --- Monetaire theorieën. Kwantitatieve theorie. Theorie van de incasso's. Optiek van de uitgaven en inkomens. --- Currency --- Money, Primitive --- Specie --- Standard of value --- Exchange --- Finance --- Value --- Banks and banking --- Coinage --- Gold --- Silver --- Silver question --- Wealth --- Fiat money --- Currency crises --- Finance, Public --- Legal tender --- Political aspects --- Geldwezen: algemeenheden --- Begrip en functies van het geld --- Monetaire theorieën. Kwantitatieve theorie. Theorie van de incasso's. Optiek van de uitgaven en inkomens --- Currency question. --- Money. --- Political aspects.

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AA / International- internationaal --- US / United States of America - USA - Verenigde Staten - Etats Unis --- CN / China - Chine --- 333.450 --- 333.453 --- 333.825 --- 327.1 --- 333.420.2 --- 382.240 --- Theorie van het deviezenverkeer. Theorie van de koopkrachtpariteit. --- Internationale munt. Rekeneenheden. --- Deviezenpolitiek. Interventies. --- Buitenlandse politiek. Economische sancties. --- Inwisselbaarheid in vreemde valuta's. --- Evolutie van de betalingsbalans: algemeenheden. --- Convertibility of currency --- Currency stability --- Dollar [American] --- Dollar [Amerikaanse ] --- Dollar américain --- Fiat moncy --- Monetary stability --- Monnaie--Stabilité --- Monnaies--Stabilité --- Munt--Stabiliteit --- Munten--Stabiliteit --- Muntstabiliteit --- Muntvraagstuk --- Question monétaire --- Stabilité monétaire --- 336 <09> --- Financiële geschiedenis --- 336 <09> Financiële geschiedenis --- Currency question --- Dollar, American --- Foreign exchange --- Money --- Currency convertibility --- 336.74 --- Fiat money --- Free coinage --- Monetary question --- Scrip --- Currency crises --- Finance --- Finance, Public --- Legal tender --- 336.74 Geld. Geldwezen. Monetaire sector. --- Geld. Geldwezen. Monetaire sector. --- Cambistry --- Currency exchange --- Exchange, Foreign --- Foreign currency --- Foreign exchange problem --- Foreign money --- Forex --- FX (Finance) --- International exchange --- International finance --- American dollar --- Geld. Geldwezen. Monetaire sector --- Buitenlandse politiek. Economische sancties --- Inwisselbaarheid in vreemde valuta's --- Theorie van het deviezenverkeer. Theorie van de koopkrachtpariteit --- Internationale munt. Rekeneenheden --- Deviezenpolitiek. Interventies --- Evolutie van de betalingsbalans: algemeenheden --- United States --- China