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Books > Business & Economics > Economics > International economics > International finance
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The International Monetary System and the Theory of Monetary Systems (Hardcover)
Loot Price: R3,392
Discovery Miles 33 920
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The International Monetary System and the Theory of Monetary Systems (Hardcover)
Series: New Thinking in Political Economy series
Expected to ship within 12 - 17 working days
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Monetary problems are important and widely debated, but the
complexity of the international monetary system and the disparate
systems that make it up gives rise to many fallacies about the
inner workings of these systems. When shared by those who decide
economic and monetary policies, these fallacies can have damaging
consequences. This book provides a rigorous and approachable
analysis of these systems and consequences, providing the keys to
untangling and understanding their mechanisms and influence. A
clear understanding of the working of monetary systems becomes an
indispensable decision-making tool when it comes to pressing
questions about reform and issues of global debate such as whether
a country should join (or leave) the Eurozone or attempts to cure
the so-called 'balance of payments problems'. Starting from basic
concepts, Pascal Salin progressively builds upon his analysis of
monetary systems in a coherent and easily readable way, drawing on
the most reliable theoretical contributions from research and
giving examples of lessons that can be drawn from this rigorous
examination of topics including devaluations, fixed and flexible
exchange rates, monetary integration, monetary crises, monetary
policy, and more. His clear, orderly style pares down accumulated
details and theories to leave a concise and usable toolkit for
analysis and action. This book makes it possible for anyone,
starting from scratch, to come to a comprehensive understanding of
the working of monetary systems. Students and scholars in economics
as well as policy makers and practitioners will find this lucid
volume an important resource and reference, as it provides
intellectual instruments to evaluate the working of any monetary
system.
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