The book covers all major subjects in international monetary theories, foreign exchange markets, international financial management and investment analysis. It is relevant to real world problems in that it helps solve policy issues as well as practical management problems, which in turn helps the reader to understand the theory and refines of the framework.

Klappentext

The book presents all major subjects in international monetary theory, foreign exchange markets, international financial management and investment analysis. The book is relevant to real world problems in the sense that it provides guidance on how to solve policy issues as well as practical management tasks. This in turn helps the reader to gain an understanding of the theory and refines the framework.

Various topics are interlinked so the book adopts a systematic treatment of integrated materials relating different theories under various circumstances and combining theory with practice. The text examines issues in international monetary policy and financial management in a practical way, focusing on the identification of the factors and players in foreign exchange markets and the international finance arena.

The book can be used in graduate and advanced undergraduate programmes in international or global finance, international monetary economics, and international financial management.

Inhalt

Foreign Exchange Markets and Foreign Exchange Rates.- Exchange Rate Regimes and International Monetary Systems.- International Parity Conditions.- Balance of Payments and International Investment Positions.- Open Economy Macroeconomics.- The Mundell-Fleming Model.- The Flexible Price Monetary Model.- The Dornbusch Model.- Global Derivatives Markets.- Currency Futures.- Currency Options.- Currency Swaps.- Transaction Exposure.- Economic Exposure and Accounting Exposure.- Country Risk and Sovereign Risk Analysis.- Foreign Direct Investment and International Portfolio Investment.