International Finance (Revised Edition)

Author: Mu Huaipeng
Publisher:
Publishing Date: 1999-08-01
Features: Dr. Mu Huaipeng's book "International Finance" is a textbook developed to meet the teaching needs of higher education institutions, divided into four parts and twelve chapters. The first part introduces international financial operations, primarily covering foreign exchange rates, traditional foreign exchange transactions, innovative foreign exchange transactions, and international settlement. In the second part, a dedicated chapter is set up on innovative financial instruments trading, providing a detailed introduction to some innovative financial activities since the 1980s. The second part analyzes issues in international capital flows, focusing on capital mobility, balance of payments, and international reserves. These three aspects include both micro-operation issues and macro-totality analysis. The third part covers international financial markets, introducing the development of traditional international bond markets and the Eurodollar market. The book systematically elaborates on the basic theories, fundamental knowledge, and essential skills of international finance, reflecting the latest trends in the field of international finance. The revised edition makes extensive modifications based on the original version, adding new content, updating data, and incorporating discussions on the Asian financial crisis, the Hong Kong Special Administrative Region government's defense of the linked exchange rate system, reforms of the international monetary system, and the birth of the euro. These additions make the content richer, the expression more accurate, and the book more reflective of the new trends in the field of international finance. It is an excellent textbook, suitable not only for university teaching but also for reference by economic and financial theorists and practitioners.
Dr. Mu Huaipeng's book "International Finance" is a textbook developed to meet the teaching needs of higher education institutions, divided into four parts and twelve chapters. The first part introduces international financial operations, primarily covering foreign exchange rates, traditional foreign exchange transactions, innovative foreign exchange transactions, and international settlement. In the second part, a dedicated chapter is set up on innovative financial instruments trading, providing a detailed introduction to some innovative financial activities since the 1980s. The second part analyzes issues in international capital flows, focusing on capital mobility, balance of payments, and international reserves. These three aspects include both micro-operation issues and macro-totality analysis. The third part covers international financial markets, introducing the development of traditional international bond markets and the Eurodollar market. The book systematically elaborates on the basic theories, fundamental knowledge, and essential skills of international finance, reflecting the latest trends in the field of international finance. The revised edition makes extensive modifications based on the original version, adding new content, updating data, and incorporating discussions on the Asian financial crisis, the Hong Kong Special Administrative Region government's defense of the linked exchange rate system, reforms of the international monetary system, and the birth of the euro. These additions make the content richer, the expression more accurate, and the book more reflective of the new trends in the field of international finance. It is an excellent textbook, suitable not only for university teaching but also for reference by economic and financial theorists and practitioners.