In this fully revised and updated second edition of a well-regarded and popular text, Hans Visser includes recent developments in the world economy such as the rise of currency boards and the changing role of the IMF in solving currency crises.There is a bewildering array of models to explain the volatility of exchange rates since the collapse of the Bretton Woods system in the early 1970s. Hans Visser brings method to this 'model madness' by grouping the various theories according to the time period for which their ...
Read More
In this fully revised and updated second edition of a well-regarded and popular text, Hans Visser includes recent developments in the world economy such as the rise of currency boards and the changing role of the IMF in solving currency crises.There is a bewildering array of models to explain the volatility of exchange rates since the collapse of the Bretton Woods system in the early 1970s. Hans Visser brings method to this 'model madness' by grouping the various theories according to the time period for which their explanation is relevant, and further subdividing them according to their assumptions as to price flexibility and international financial asset substitutability. As well as showing how exchange rates are determined in different models and how these models relate to one another, the author discusses the obstacle's that may confront policymakers while running any particular system. Emphasis is placed on attempts to create exchange rate stability, running from payments restrictions to the radical solutions of adopting a currency board and the formation of a monetary union. As in the first edition, the emphasis is on the economic reasoning behind the formula while introducing students to the mathematics which will enable them to pursue further reading. This book is aimed at advanced students of economics, finance and business as well as professional economists wishing to refresh their knowledge of exchange rate theories.
Read Less
Add this copy of A Guide to International Monetary Economics, Second to cart. $16.67, good condition, Sold by Phatpocket Limited rated 4.0 out of 5 stars, ships from Waltham Abbey, ESSEX, UNITED KINGDOM, published 2001 by Edward Elgar Publishing.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Good. Ships from UK in 48 hours or less (usually same day). Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. 100% money back guarantee. We are a world class secondhand bookstore based in Hertfordshire, United Kingdom and specialize in high quality textbooks across an enormous variety of subjects. We aim to provide a vast range of textbooks, rare and collectible books at a great price. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. We provide a 100% money back guarantee and are dedicated to providing our customers with the highest standards of service in the bookselling industry.
Add this copy of A Guide to International Monetary Economics, Second to cart. $98.63, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2001 by Edward Elgar Publishing.