International Finance: A Survey

Synopsis

Understanding the current state of affairs and tools available in the study of international finance is increasingly important as few areas in finance can be divorced completely from international issues. International Finance reflects the new diversity of interest in international finance by bringing together a set of chapters that summarizes and synthesizes developments to date in the many and varied areas that are now viewed as having international content. The bookattempts to differentiate between what is known, what is believed, and what is still being debated about international finance. The survey nature of this book involves tradeoffs that inevitably had to be made in the process given the vast footprint that constitutes international finance. No single book can covereverything. This book, however, tries to maintain a balance between the micro and macro aspects of international finance.Although each chapter is self-contained, the chapters form a logical whole that follows a logical sequence. The book is organized into five broad categories of interest: (1) exchange rates and risk management, (2) international financial markets and institutions, (3) international investing, (4) international financial management, and (5) special topics. The chapters cover market integration, financial crisis, and the links between financial markets and development in some detail as they relateto these areas. In each instance, the contributors to this book discuss developments in the field to date and explain the importance of each area to finance as a field of study. Consequently, the strategic focus of the book is both broad and narrow, depending on the reader's needs. The entire bookprovides a broad picture of the current state of international finance, but a reader with more focused interests will find individual chapters illuminating on specific topics.

Additional information

Includes content by:
  • H. Kent Baker
  • Leigh A. Riddick
  • James R. Lothian
  • Mark P. Taylor
  • Suk Hun Lee
Publisher: Place of publication:
  • New York
Publication year:
  • 2013