The economics of foreign exchange and global finance / by Peijie Wang.

Includes bibliographical references (p. 476-477) and index.

Foreign Exchange Markets and Foreign Exchange Rates
Exchange Rate Regimes and International Monetary Systems
International Parity Conditions
Balance of Payments and International Investment Positions
Open Economy Macroeconomics
Balance of Payments Issues and Exchange Rate Movements
The Mundell-Fleming Model
The Monetary Models
The Portfolio Balance Approach to Exchange Rate Determination
The Dynamic IS-LM-X Model of Exchange Rate Movements
Driver Currencies and Triangular Cross-Border Effects
Global Derivatives Markets
Currency Futures
Currency Options
Currency Swaps
Transaction Exposure
Economic Exposure and Accounting Exposure
Country Risk and Sovereign Risk Analysis
Foreign Direct Investment and International Portfolio Investment.-Dynamic Global Positioning Strategy
Name Index
Subject Index

This textbook presents all major topics in international monetary theory, foreign exchange markets, international financial management and investment analysis. It focuses on real-world problems in the sense that it provides guidance on how to solve policy issues as well as how to complete financial assignments across the globe. This in turn helps readers gain an understanding of the theory and refine the framework. This third edition of the book incorporates three new chapters, and most of the chapters from the second edition have been updated to integrate new material, data, and/or the recent developments in the areas. The book can be used in graduate and advanced undergraduate programs in international or global finance, international monetary economics, and international financial management. It is also a valuable reference book for researchers in these areas

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