The rise of large economic regions rivaling the United States will challenge its competitive strength and ability to withstand cross-border economic turbulencea challenge the U.S. has not faced in more than 50 years. To meet this challenge, American business leaders need a comprehensive understanding of the existing global economic and monetary system. It is that, plus an explanation of international economic trend analysis, that Schaefer's book provides. Based on key economic and financial indicators published weekly in The Economist, Schaefer integrates a discussion of established international economic concepts with actual economic and financial data, giving readers a system to evaluate current economic indicators and anticipate future trends. An important resource for professionals and academics in international finance and investment, and for corporate management operating on a global scale.HOWARD G. SCHAEFER is managing director of Schaefer Brothers, Ltd., a Los Angeles investment banking firm. He has practiced corporate and tax law, with a specialty in international business, and is a frequent lecturer and writer on business and economic issues. His first book, Economic Trend Analysis for Executives and Investors (Quorum, 1993), concentrates on the domestic economy and provides important background for this, his second Quorum book.
Tables and Figures
Preface
Perspective
The International Economic Model
Individual Country Business Cycles
Cross-Border Transmission of Business Cycles
Exchange Rate Regimes
Measuring Exchange Rate Changes
Structural Change
The Existing Global Economic System
Key Global Economies
International Commercial Relationships
Cross-Border Investment Relationships
International Monetary System
Central Banking
The International Matrix System
International Matrix Indicators: Definitions and Benchmarks
International Matrix Indicators: Relationships
Other Economic Faclƒ