Economics of the International Financial System offers an
illuminating, engaging and lucid account of the working of
21st-century global political economy. From a macroeconomic
perspective, it explores how major capitalist economies are closely
integrated with each other in that none can remain unaffected by
economic events around the globe. The book is one of the first in
its genre to examine: the origin and relevance of international
money as a concept and phenomenon; the structure of various money
markets; the nature and functioning of major international
financial institutions such as the World Bank, International
Monetary Fund (IMF) and International Bank for Reconstruction and
Development (IBRD); and the dynamics of the new world financial
system that emerged after the demise of Bretton Woods system. This
will form an essential reading for students and scholars of
international monetary economics, international corporate finance,
researchers, policymakers, bankers and financial executives.
General
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