This book focuses on the functioning of the evolving International
Monetary System and on recent developments and trends in the
financial markets that have become increasingly globalized. It
identifies the forces that are shaping international monetary
arrangements and driving financial markets in an increasingly
liberalized environment. The book pays particular attention to the
implications for developing countries and how they are affected by
the 'internationalization' of the world economy and the emerging
trends in developmental assistance. It is written in an easy
flowing style with little use of diagrams and mathematics.
General
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