The Euro, Capital Markets, and Dollarization describes the economic and capital market results of the institution of the single currency, the euro, in Europe after January 2000. This startling event appears to foreshadow increased capital market efficiency, increased labor migration, massive cross-border mergers, the eastward spread of the monetary union, and the division of the world into currency blocs. Visit our website for sample chapters! Visit our website for sample chapters!
The recent global economic crisis has drawn a spotlight on the world of finance. Financial exchanges are changing, and this insightful, new book examines the manner and reasons for these changes. Financial Exchanges: A Comparative Approach offers an in-depth analysis of this sector. Surveying thirty different financial exchanges, including stock, derivative, commodity and offshore exchanges, this book examines the challenges they face and the ways in which they are adapting. The book includes a pertinent chapter on the dominance of derivatives, examining a number of derivative exchanges in detail. Taking in a host of international exchange powerhouses, including those in Hong Kong, Shanghai, London, New York and the Persian Gulf, this book will benefit students taking courses on financial markets and institutions, as well as professionals interested in international financial markets.
This is the first publication in English that systematically describes and analyzes the Russian economy and business system in terms of commercial and investment opportunities. This volume provides a forward-looking analysis of Russia's economic and business transition from the internal perspective of Russian government officials and academics and the external perspective of non-Russian specialists.
This volume analyzes the economic achievements of China since the opening in 1979, and the measures taken by the government to spur international trade, investment and technology transfer. China's extraordinarily high economic growth rate is examined, and broken down into several parts. Prospects for continued high growth are evaluated. This evaluation looks to the future to weigh the possibility for maintaining high growth into the next century. A concluding chapter examines China's changing role in the world economy and politics.
The authors deal with economic policy and the financial development of Brazil. It also presents a description of the financial system that was created in Brazil. The book covers developments in the financial markets, giving emphasis to the programs of debt conversion and privatization.
Incorporating theory & practice, this textbook was developed to help guide professors faced with the challenge of teaching a comprehensive survey course of global finance through a complex international network of markets, institutions, & financial instruments. Global Finance covers the five major areas of global finance including: the environment of global finance, international financial markets, international banking, international corporate finance, & international portfolio investment. This book operationally is heavily markets driven. This emphasis is seen in the up-to-date coverage given to market instruments in the global financial markets. In addition, financial management practice ...