Description
Book SynopsisInternational Finance and Open-Economy Macroeconomics provides a complete theoretical, historical, and policy-focused account of the international financial system that covers all of the standard topics, such as foreign exchange markets, balance of payments accounting, macroeconomic policy in an open economy, exchange rate crises, multinational enterprises, and international financial markets. The book uses the 1944 Bretton Woods Conference as a unifying theme to relate the many controversial issue. It is written in a lively manner to bring real world events into the discussion of all of the concepts, topics, and policy issues. There is also emphasis on the history of economic thought in order to explain how economists in different time periods dealt with international financial issues.
Table of ContentsThe Balance of Payments Accounts; The Foreign Exchange Markets; An Open-Economy Macroeconomic Model; Applications of the Open-Economy Macroeconomic Model; History of the International Financial System; The Euro Area; Multinational Enterprises and International Financial Firms; The 2007-2009 Financial Crisis; Financialization;
