Over the course of the last few years international banking and financial markets have changed dramatically. International Money and Banking brings the picture up to date. The text retains a balanced coverage between practicality and theory but the second edition incorporates more theoretical components as a result of the increasing uses of theory by decision-makers in the market place. Each chapter contains a boxed example focussing on a theoretical issue or a current problem. There are additional sections dealing with the implications of the Euro currency, the collapse of Asian markets and the theory of the multinational firm., and a completely new chapter dealing with international bank asset/liability management.
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