Summary:
The book explores the evolution of money in the context of globalization, examining the implications of emerging electronic currencies and the potential decline of national currencies. It discusses the challenges and opportunities presented by these changes, including the impact on state sovereignty, economic stability, and the global financial system.
Key points:
1. Currency Areas: Cohen explores regions using a single currency, like the Eurozone, and examines their economic and political impacts and challenges in a global economy.
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