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International Finance

International Finance

Authors
Publisher Taylor & Francis Ltd
Year 06/05/2009
Pages 586
Version paperback
Readership level Professional and scholarly
Language English
ISBN 9780415774598
Categories Macroeconomics
$108.65 (with VAT)
483.00 PLN / €103.55 / £89.90
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Book description

The fifth edition of Maurice D. Levi's classic textbook has been updated to incorporate the massive changes in the world of international finance of the past few years. In particular, the emergence of new markets is given broad coverage - particularly the rise to financial prominence of China and India and other growth economies in Asia and elsewhere. Key features of the book include:








the impact of globalization and the greater connectedness of national economies and the world economy as a whole
probably the best introduction to exchange rates available and how they directly impact upon firms as well as governments
the continued massive impact of multinational corporations on the global financial scene as well as the opportunities presented by e-commerce.


The material is interlaced with a wealth of supplementary material including real world case studies, review questions, examples and objectives. The result is the most authoritative survey of international finance currently available.


Thoroughly updated and with a large amount of new information, this text will prove an indispensable guide to the inner workings of international finance to students of economics and business as well as professionals in the finance industry.

International Finance

Table of contents

Preface











1. The World of International Finance











2. An Introduction to Exchange Rates











3. Forward Exchange











4. Currency Futures and Options Markets











5. The Balance of Payments











6. Supply and Demand View of Exchange Rates











7. The Purchasing-Power Parity Principle











8. Interest Parity











9. Foreign Exchange Exposure and Risk











10. Accounting Exposure Versus Real Exposure











11. Operating Exposure











12. Hedging Risk and Exposure











13. Exchange Rate Forecasting and Speculation











14. Cash Management











15. Portfolio Investment











16. Capital Budgeting for Foreign Investment











17. The Growth and Concerns About Multinationals











18. International Dimensions of Long-Term Financing











19. Multinational Banking











20. Instruments and Institutions of International Trade











21. Asset-Based Theories of Exchange Rates











22. Alternative Systems of Exchange Rates











23. The International Financial System: Past, Present and Future











24. The Rise of the Asian Economies











25. Finance in Emerging Markets











26. Globalization

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