Publisher's Synopsis
An updated guide to the system through which the world's business is financed, including information on the sharp decline of oil prices, the cohesion of the OPEC cartel, the debt problems of developing countries the volatility of exchange rates and the monetary role of gold.;There is also a new chapter on inflation and the consequences of our new-found ability to control it. The author has also written "Monetary Reform and World Inflation", "National Monetary Policies and The International Financial System" and "The Political Economy of Monetary Reform".