Global Finance (Hardcover)

This textbook was developed to help guide professors faced with teaching a comprehensive survey course of global finance (a complex international network of markets, institutions and financial instruments). Both theory and pracice are incorporated to provide students with a conceptual framework for understanding events and market trends in international finance, using diagrams to ease learning. This survey approach first describes the macroenvironment of international finance and monetary systems and then integrates the four major areas of global finance: financial markets, banking, corporate finance and portfolio investment management. The interactions of key players, such as corporations, reveals the forces governing world financial markets through an analysis of foreign exchange, Euro currencies and international bonds. The well-known economic centres of London, New York and Tokyo are included, together with newer, more specialized offshore markets and banking centres.