Overview

This text provides 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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9781403918932

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Author Information

A.J. MAKIN is Reader in Economics at the University of Queensland. He has authored numerous articles on international monetary economics and public policy for academic journals.

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