International Finance and Macroeconomics

Author: Mei Jin
Publisher:
Publish Date: 2005-02-01
Features: Based on international macroeconomic accounting, this book links global capital flows and major financial and real economic variables together, using extensive graphical techniques to reinterpret important international monetary issues such as external deficits, international capital flows, interest rate differentials, and capital flight. The specific content of the book includes: the evolution of the international financial system, accounting and measurement issues, early international balance of payments models, intertemporal trade, capital mobility, and interest rates, capital flows, interest rates, and exchange rates, macroeconomic policy in open economies, money, expenditure, and external adjustment, foreign capital and economic growth, financial globalization and emerging market crises. Structurally, each chapter presents a core academic research theory and, combined with mathematical models, provides a wealth of essential graphical analyses necessary for understanding the theory, featuring a unique integration of model deduction and graphical analysis. This book can serve as a theoretical reference for researchers in relevant fields and workers in government decision-making departments, as well as a textbook for senior undergraduate and graduate students taking international finance courses.