Keith Pilbeam – International Finance (Fourth Edition)

The international monetary system is characterized by vast numbers of daily transactions involving huge sums of money. In an increasingly globalized world economy, these trades can have enormous repercussions on economies and can ocassionally cause currency, banking and financial crises. „International Finance” provides comprehensive coverage of the theory and practice of the balance of payments, exchange rate determination and the international monetary system. It includes both traditional and modern theories in the field and provides an extensive overview of the empirical evidence on the theories and concepts discussed.

The key benefits of the fourth edition are:
– a new chapter on the global banking crisis
– coverage of new financial instruments such as collateralized debt obligations and credit default swaps
– up-to-date coverage of the European sovereign debt crisis
– extensive case studies illustrating how theory applies to the real world of international finance
– improved pedagogical features and a comprehensive companion website

„International Finance” is essential reading for undergraduate, postgraduate and MBA students of International Finance, International Economics and Internationaly Monetary Economics.

'This book offers a lucid treatment of international finance, from basic economic relationships through to advanced econometric issues. Its well-designed modules enable students to scale the vast terrain of international finance from the 1960s to the unfolding eurozone crisis.’
– Demosthenes Tambakis, Fellow and Director of Studies in Economics and Finance at Pembroke College, University of Cambridge, UK

'Both students and practitioners working through this book will gain an excellent grounding in the fundamental features of International Finance. I highly recommend this book to any reader interested in expanding their knowledge of this field.’
– Dennis Vink, Professor of Finance and Investment at Nyenrode Business University, the Netherlands   źródło opisu: Palgrave Macmillan, 2013 źródło okładki: he.palgrave.com