International Investment (4th Edition)

Author: (French) Solnik
Publisher:
Publish Date: 2004-12-01
Features: The book features:
● Exercises in each chapter include questions from the Level I, II, and III CFA (Chartered Financial Analyst) exams;
● New analysis of emerging markets;
● Discussion on the euro, and the euro is frequently used as the currency unit in various examples;
● In-depth analysis of the "Asian Financial Crisis";
● Clear description of the globalization of stock markets;
● A database on the website http://awlonline.com/solnik, which can be used for project design at the end of each chapter's exercises, as well as detailed answers to some questions and links to various relevant websites.
This book is an authoritative and classic textbook written by Professor Bruno Solnik, a renowned scholar in the field of international financial markets. Professor Solnik's extensive teaching experience and rigorous academic approach make this CFA exam preparation material uniquely crafted in both structure and content. The book covers many important topics in international investment research, and the author systematically and progressively presents these materials.
Part I and Part II, consisting of 5 chapters, introduce the international monetary environment and the theoretical framework of international investment. These two parts lay the foundation for subsequent analysis. Part III, Part IV, and Part V, with 10 chapters, focus on the concepts and technical aspects of major investment instruments (stocks, bonds, and derivatives). The two chapters in Part VI discuss some international investment strategies and the process of conducting international investments.
As a dedicated textbook for the CFA exam, the book is closely aligned with exam requirements in terms of formulas, calculations, textual descriptions, and organization. At the end of each chapter, the author designs numerous exercises while also introducing a variety of exam-style questions at different levels to help readers better prepare for the exam.
This book is suitable for teachers and students of investment, finance, and monetary banking; researchers in international economic relations; strategic studies experts; professionals in the investment field; and a broad audience of social readers interested in international investment. It can also serve as a reference for teachers and students in higher education institutions, senior undergraduates, graduate students, and MBA candidates.
The book largely avoids a specific national perspective (e.g., the United States), making it applicable to financial market courses and investment seminars worldwide.