Principles of International Finance, first published in 1988, provides a comprehensive introduction to international finance which is rapidly becoming an increasingly important branch of international economics.
The book is structured so that it can easily be adopted as a complete one-semester course in international finance and is divided into the four major divisions of international finance: The Foreign Exchange Market and the Balance of Payments; Exchange Rate Systems; Equilibrium and the Adjustment Process and The Post-War International Financial System.
This book is designed for economics and business undergraduates studying international finance for the first time. It is non-mathematical and presumes no more than a general background in macroeconomics.
List of Figures; List of Tables; Preface; Principles of International Finance; Part One: The Foreign Exchange Market and the Balance of Payments; 1. The Foreign Exchange Market 2. Capital Flows and the Foreign Exchange Market 3. The Balance of Payments; Part Two: Exchange Rate Systems; 4. The Gold Standard 5. Fixed Exchange Rates 6. Floating Exchange Rates 7. Alternative Exchange Rate Systems; Part Three: Equilibrium and the Adjustment Process; 8. External Disequilibrium and Current Account Adjustment 9. Internal and External Equilibrium 10. Internal and External Equilibrium with Fixed Exchange Rates 11. Internal and External Equilibrium with Floating Exchange Rates 12. The Monetary Approach to External Equilibrium Characteristics; Part Four: The Post-War International Financial System; 13. Post-War Issues and Developments 14. The Euro-Currency Markets 15. Currency Futures and Options; Selected Further Reading; Index
The 4 volumes in this set, originally published between 1973 and 1998, draw together research by leading academics in the area of international finance and provides an examination of related key issues. The volumes examine international trade, principles of international finance, and one of the texts provides a comprehensive research and information guide to international financial statistics. This set will be of particular interest to students of economics and finance.