Global Finance and the Macroeconomy
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This book provides new ways of analyzing the key issues in international finance and open economy macroeconomics. The topics covered include: financial globalization and the evolution of the international financial system, international macroeconomic accounting and measurement, early balance of payments approaches, the intertemporal model of international borrowing and lending, the significance of external deficits, the determinants of interest rate differentials and exchange rates, the effectiveness of monetary and fiscal policies, capital mobility and economic growth, and the causes of financial crisis in emerging economies.
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