An Introduction to International Money and Finance [Hardcover]

This book focuses on the functioning of the evolving International Monetary System and on recent developments and trends in the financial markets that have become increasingly globalized. It identifies the forces that are shaping international monetary arrangements and driving financial markets in an increasingly liberalized environment. The book pays particular attention to the implications for developing countries and how they are affected by the 'internationalization' of the world economy and the emerging trends in developmental assistance. It is written in an easy flowing style with little use of diagrams and mathematics.List of Tables Preface Acknowledgements Diagrams Emerging Trends in the International Trading and Financial System International Trade and Payments The International Monetary System The Foreign Exchange Market, Exchange Rated Determination and Rate Systems International Banking The Debt Crisis and the International Financial System International Development Assistance External Development Finance and the Multilateral Financial Institution Private Foreign Investment (PFI) Index

Ramesh Ramsaran

An Introduction to International Money and Finance

A comprehensive survey on Developments in the area of international money and finance over the post war period. The book, although relatively concise is remarkable in terms of the breadth and depth of its coverage. It provides a very clear description of the structure and operational features of the multilateral financial institutions and helps to shed light on the reasons for the controversies surrounding their operations. The chapter on international banking is of particular value.

Professor Karl M. Dennett, Associate Professor, University of Waterloo.

International finance is the most important but least understood element of the processes of globalisation now sweeping the world. In this insightful and timely new book, Profesl#&