Customer Reviews

The Dollar Hegemony: Dollar, Dollarization and Progress

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There are not many books focusing on the phenomenon of dollarization, and the few that have devoted significant attention to the subject have usually been written from the perspective of developed countries. Unfortunately, Gabriel's book fails in several respects to offer a legitimate alternative. He apparently has little or no economic training, and the book itself describes him as a "philosopher and inventor." This may be fine if you want to debate the sentiments associated with dollarization, but his argument against dollarization has no basis. Most of his argument seems to be based on ideas he has just came up with himself instead of actually researching and analyzing the subject. Further, the writing itself is very weak, with many instances of incorrect grammar. If you are looking for a solid reference source for the causes and effects of dollarization, avoid this book and read something from a journal of economics or political science. I recommend reading something by Guillermo Calvo from the University of Maryland, who has studied dollarization extensively.

This book denounces false assumptions about money, currency and development. It also opens new horizons for developing countries.

The Dollar Hegemony is a small book but, with its amazing ideas, it could shake the American financial fortress and urge it for more fairplay and justice.

In this book, Jean Gabriel, not only fights the hegemonial dollar as a factor of more poverty throughout the world, but more importantly he fights poverty itself advocating a genial theory on inflation, which only awaits implementation by a bold government.

In my opinion "The Dollar Hegemony" is a gem full of genial, innovative ideas that stand solid and look irrefutable. The author's thesis on inflation deserves very close attention, and should be tried.

Books like The Dollar Hegemony, sooner or later, will change the world.

This book denounces false assumptions about money, currency and development. It also opens new horizons for developing countries.