International Money and Finance [Paperback]

International Money and Finance, Tenth Edition presents an institutional and historical overview of international finance and international money, illustrating how key economic concepts can illuminate real world problems. Updated throughout, this latest edition functions as a finance book that includes an international macroeconomics perspective in its final section. It emphasizes the newest trends in research, neatly defining the intersection of macro and finance. Successfully used worldwide in both finance and economics departments at both undergraduate and graduate levels, the book features current data, revised test banks, and sharp insights about the practical implications of decision-making.

• Offers an open economy macroeconomic perspective
• Includes coverage of recent and current events
• Features global perspective as well as a view on the United States
• Minimizes prerequisites to encourage use by students from varied backgrounds

Part I: The International Monetary Environment
1. The Foreign Exchange Market
2. International Monetary Arrangements
3. The Balance of Payments

Part II: International Parity Conditions
4. Forward-Looking Market Instruments
5. Eurocurrency Markets and the LIBOR
6. Exchange Rates, Interest Rates, and Interest Parity
7. Prices, Exchange Rates, and Purchasing Power Parity

Part III: Risk and International Capital Flows
8. Foreign Exchange Risk and Forecasting
9. Financial Management of the Multinational Firm
10. International Investment
11. International Lending and Crises

Part IV: Modeling the Exchange Rate and Balance of Payments
12. Determinants of the Balance ofló‚