International Finance and Funding Agencies

Contents: Preface. 1. International imbalances and exchange rates. 2. Unstable current account in developing countries. 3. Global economic policy issues. 4. Foreign exchange market. 5. International monetary fund and economic development. 6. Integration and international financial. 7. International equity and securities market. 8. International evidence and implications for global investing. 9. Debt denomination decision. 10. International monetary system and its future prospects. 11. Shape and developments of world equity markets. Bibliography. Index.

"International private capital flows have been unlikely to significantly enhance new productive investments in the developing countries, it is necessary to design appropriate mechanisms to ensure they contribute to development. This book provides a basic working knowledge of international business finance. It includes a self-contained study of the instruments used by currency traders and hedgers, and will help the reader to understand how managers of international corporations carry out their business. The book examines the mechanics of the foreign exchange market, reviewing spot, forwards, futures and options. The book is an ideal text for all those studying a foundation course in international finance, both at undergraduate and MBA level."