Publisher's Synopsis
The new, completely rewritten, edition of this innovative and scholarly international finance textbook refines exchange rate and balance of payments theory for advanced undergraduate and graduate courses. There are highly original chapters on the internationalization of financial systems, the efficiency of foreign exchange markets, international policy coordination and the developing countries into the international financial system. Key features of International Money and Finance are the itegration of intuitive and mathematical arguements, the emphasis on state of the art econometrics in separate starred sections and a comprehensive chapter on the EMS.
