International Finance (Third Edition)

Author: Liu Shunian
Publisher:
Publish Date: 2005-03-01
Features: This textbook consists of four parts and twelve chapters. Chapter is the International Balance of Payments and International Reserves section, which primarily studies the causes and channels of monetary movement between countries, theories and policy measures for adjusting the balance of payments, and issues related to international reserve management. Chapters 2 to 5 are the Foreign Exchange section, focusing on the impact of exchange rates and their fluctuations on the economy, exchange rate regimes, foreign exchange practices, foreign exchange risk management, and foreign exchange controls. Chapters 6 to 10 are the International Financial Markets and International Credits section, mainly covering international financial markets, foreign trade credits, international leasing, as well as international capital flows and international debt issues. Chapters 11 and 12 are the International Financial Organizations and International Monetary System section, studying global and regional international financial organizations, the international monetary system and its reforms, as well as the European Monetary System. The "International Finance" course is highly theoretical and practical, emphasizing both macro and micro perspectives, with a broad research scope, interdisciplinary nature, and a certain level of computational techniques.