International Finance Tutorial

Author: Xiao Meng
Publisher:
Publish Date: 2006-01-01
Features: The content of this book mainly includes: basic knowledge of balance of payments, exchange rates, and international financial markets; theories of international capital flows and interest rate parity; theories of balance of payments equilibrium adjustment; theories of exchange rate determination; exchange rate target zones and currency crisis theories; the choice of exchange rate regimes and exchange rate controls; the content of foreign exchange management, international reserves, and the international monetary system, etc. The characteristics of this book are mainly reflected in the following aspects: First, the system is concise. The content of international finance is vast and covers a wide range, and we focus our attention mainly on a few core issues in international finance. Second, it reflects our attention to some important theories. Third, the content is clear and understandable. In the derivation of model arguments, we try to intuitively present the theoretical meaning of the model while providing detailed derivation steps.