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International Money and Finance (Paperback)
Loot Price: R1,745
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International Money and Finance (Paperback)
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This textbook focuses on key international monetary and financial
phenomena, exploring the determinants of exchange rates,
international competitiveness, interest rates, saving, investment,
international capital flows, commodity prices, the terms of trade,
financial crises, foreign investment and economic growth. The text
enhances understanding of international money and finance by
providing background on globalisation and characteristics of the
world economy, as well as detailed explanation of important
international monetary variables. It then systematically develops a
suite of compatible theoretical frameworks to analyse perennially
important international monetary questions. A major feature of the
text is its emphasis on real world policy relevance, covering
topics such as inflation targeting, the operation and effectiveness
of fiscal and monetary policy, public debt sustainability, exchange
rate regime choice, commodity price gyrations, the causes and
consequences of financial crises, and the gains from foreign
investment.
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