This book adopts a nontechnical approach to explaining the basis for trade between countries and the role of firms in global trade and describes the effect of tariffs and fluctuations in exchange rates on a company's sales, costs, and profitsThe study of international economics has never been more vital than it is today.
Macroeconomic policy is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies.
Almost half a century has elapsed since the demand for money began to attract widespread attention from economists and econometricians, and it has been a topic of ongoing controversy and research ever since.
This book aims to give a complete and self-contained presentation of semi- Markov models with finitely many states, in view of solving real life problems of risk management in three main fields: Finance, Insurance and Reliability providing a useful complement to our first book (Janssen and Manca (2006)) which gives a theoretical presentation of semi-Markov theory.
Introduction Some people distinguish between savings and investments, where savings are monies placed in relatively risk-free accounts with modest rewards, and where investments involve more risk and the potential for greater rewards.
Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach.
Capital Markets, Globalization, and Economic Development consists of fourteen articles contributed by authors from Australia, Asia, Europe, South America, and the United States who provide a wide range of insights.
This book is an advanced text on the theory of forward and futures markets which aims at providing readers with a comprehensive knowledge of how prices are established and evolve in time, what optimal strategies one can expect the participants to follow, whether they pertain to arbitrage, speculation or hedging, what characterizes such markets and what major theoretical and practical differences distinguish futures from forward contracts.
The Development of Effective Securities Markets Gary Schinasi International Monetary Fund One of the more important lessons of the crisis of the 1990s-^not just the Asian Crisis-is that the performance and structure of a country's financial system is an important fundamental factor for assessing that coimtry's overall economic performance and prospects, and as a destination for investment and asset returns.
This book contributes fresh theoretical and empirical evidence on patterns of regional production structures, specialization, regional disparities, convergence and divergence processes and evaluation of cohesion policies in both current and future European Union (EU) member states in the context of increased integration.
Financialization is a set of processes which has led to a financially driven and commodified economy with rising inequality, tax avoidance, and a lack of investment in the physical and social infrastructure.
Why are America and Britain wealthier than ever but millions of children live in poverty, neighbourhoods want for basic amenities and the middle classes fear for their families, jobs and futures?
This book provides a comprehensive knowledge of the Asian crisis from an economic, political and social point of view, and suggests possible scenarios which could take place in the future.
The transformation from a closed and inward-looking economy to an active integration into the European Union is one which a number of countries are facing.
Managing the World Economy , while recognizing how much has been achieved since the start of the Industrial Revolution, challenges the view that much better results could have been attained.
In response to the largely closed-economy assumptions of most cross-national work on economic policy-making, Open States in the Global Economy offers an outside-in framework for analyzing the way in which national economic sovereignty is affected by globalization.
The accords and protocols that underlie the Arab and Israeli peace agreements set into place economic policies and political processes so flawed that they are bound to fail.
Leading world scholars analyze a range of specific departures from general equilibrium theory which have significant implications for the macroeconomic analysis of both developed and developing economies.
Key metaphors in world-system analysis are profoundly spatial, but there have been few attempts to understand how space, location, and topography affect world-system organization and process.
Industry officials and government policymakers have for some time decried the lack of a framework for establishing and defending Research and Development (R&D) policies.
Restructuring economies in Latin America, Eastern Europe, and elsewhere are abandoning their hostility to foreign enterprises and adopting policies to attract international investment.
Since 1971, when the Bretton Woods gold exchange standard ended, the world has been on a fiat monetary regime, with various fiat currencies managed according to the discretion of the issuing country.
This book presents an analysis of Caribbean fiscal problems, with particular emphasis on the relationship between high levels of public expenditure and balance of payments problems.
