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This historically-based textbook on international finance
and open-economy macroeconomics provides a
complete course on the theory and policies that shaped
our international financial system. Utilizing the 1944
Bretton Woods Conference as a unifying theme, the
book covers all the standard topics of international
finance, such as foreign exchange markets, balance of
payments accounting, macroeconomic policy in an
open economy, exchange rate crises, multinational
enterprises, international banking, and the evolution of
our international financial system. The detailed
international financial theory is presented in a lively
manner that reflects the close relationship between
actual world events and the development of economic
thought.
The book also analyzes the causes of the 2008
international financial crisis and recession, encourages
critical thinking about whether the current international
financial system promotes human well-being, and
concludes with a discussion on whether it is time to
summon the world`s financial leaders to another Bretton
Woods Conference. In addition to providing students
with a solid understanding of international finance and
open-economy macroeconomics, the book is written in
a reader-friendly style that makes it a good reference for
anyone interested in the many fascinating issues
related to our still-evolving global financial system and,
more generally, our global economy.isbn-9788175967946
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Pages : 860
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