This book provides new ways of analyzing the key issues in international finance and open economy macroeconomics. The topics covered include: financial globalization and the evolution of the international financial system; international macroeconomic accounting and measurement; early balance of payments approaches; the intertemporal model of international borrowing and lending; the significance of external deficits; the determinants of interest rate differentials and exchange rates; the effectiveness of monetary and fiscal policies; capital mobility and economic growth; and the causes of financial crisis in emerging economies.

Autorentext
A.J. MAKIN is Professor of Economics at Griffith University, Australia. He has authored numerous articles on international monetary economics and public policy for academic journals.

Inhalt
List of Tables List of Figures Evolution of the International Financial System Accounting and Measurement Issues Early Balance of Payments Models Intertemporal Trade, Capital Mobility and Interest Rates Financial Flows, Interest Rates and Exchange Rates Macroeconomic Policy in the Open Economy Money, Expenditure and External Adjustment Foreign Capital and Economic Growth Financial Globalization and Emerging Market Crisis Index