This volume is an extremely readable guide to the world of
international finance by two former City Editors of The Times. It
is designed for people who want to understand something of the
world's financial affairs and learn how to follow jargon on the
City pages of newspapers or money programmes on radio and
television. Starting with the basic facts, the authors gently guide
you through the world's money maze - so that by the time you have
reached the last chapter you should be able to understand the
newspaper extracts printed at the end of the book. The World's
Money aims to answer some of the many questions of the times in
which it was published: Why had there been so many monetary crises?
How were they caused? What is the role of gold in international
finance? How do exchange rates, the IMF, the World Bank, the
eurodollar market work? What is the new World Money? How was the
pound devalued? Can 1929 recur? The material is equally suitable
for students, sixth-formers, economists and the armchair reader.
Contemporary events are used as examples and illustrations, the
history and the future of money discussed, so that the book is at
once topical for its times and of lasting value.
General
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