International Finance

Author: Yang Shenggang
Publisher:
Publish Date: 2003-08-01
Features: This book incorporates the latest achievements in international finance research both domestically and internationally, as well as the new developments in the international financial market. Based on the author's extensive experience in teaching international finance, it adheres to the principles of stability, scientificity, systematicity, and practicality in textbook development. With full consideration of alignment with international standards, it also takes into account the actual conditions of China's foreign exchange system reform and financial market opening. The book is primarily structured around three teaching objectives: mastering the basic concepts and principles of balance of payments, foreign exchange rates, exchange rate regimes, foreign exchange reserves, international financial markets, and international financial coordination; acquiring knowledge and skills in foreign exchange trading and international financial risk management; and systematically and accurately understanding the latest advancements in modern international finance theories, such as balance of payments adjustment, exchange rate determination, international capital flows, international financial crises, and reforms of the international monetary system. This textbook is suitable as a core course material for undergraduate majors in economics and management disciplines in Chinese universities and colleges, as well as a reference book for postgraduate students in finance-related fields.