International Money and Banking Book

As international trade and competition grow apace, the dynamics of banking and finance are constantly changing. Regulations are introduced, new markets opened up and financial services developed, all of which have important implications for global business. This is the first major text to offer an up-to-date survey of both international money and banking. The author describes systematically the workings of international finance, analyzing its important features and incorporating recent significant developments. He deals comprehensively with the institutions and regulations, covering the basics of such areas as exchange rates, financial markets and services, innovations, and including banking activities like portfolio management, debt servicing and loan syndication. While the scope is international, the book also contains brief summaries of topics relevant for closed economies. The book is designed to provide the reader with a complete survey of international money and banking in theory and practice and it includes questions and exercises to encourage debate and aid revision.Read More