PART I. INTRODUCTION -- 1. International Finance and InternationalMacroeconomics: An Overview. PART II. THE BASICS -- 2. The Foreign Exchange Market -- 3. Exchange-Rate Regimes -- 4. International Interest-Rate Parity Conditions -- 5. The Balance of Payments -- 6. Real and Financial Flows in an Open Economy. PART III. FLOW APPROACHES -- 7. The Elasticity Approach -- 8. The Multiplier Approach -- 9. An Integrated Approach -- 10. The Mundell-Fleming Model -- 11. Policy Implications of the Mundell-Fleming Model, and the Assignment Problem. PART IV. STOCK AND STOCK-FLOW APPROACHES -- 12. The Monetary Approach to the Balance of Payments and Related Approaches -- 13. Portfolio and Macroeconomic Equilibrium in an Open Economy -- 14. Growth in an Open Economy. PART V. THE EXCHANGE RATE -- 15. Exchange-Rate Determination -- 16. Capital Movements, Speculation, and Currency Crises -- 17. Fixed Vs Flexible Exchange Rates. PART VI. THE INTERTEMPORAL APPROACH -- 18. The Intertemporal Approach to the Balance of Payments, and the Real Exchange Rate. -- 19. Other Applications. PART VII. INTERNATIONALMONETARY INTEGRATION -- 20. InternationalMonetary Integration -- 21. The European Monetary Union. PART VIII. PROBLEMS OF THE INTERNATIONAL MONETARY (NON)SYSTEM -- 22. Key Events in the Postwar International Monetary System -- 23. International Liquidity, the Demand for International Reserves, and Xeno-Markets -- 24. Current Problems.
9783662498606 (hbk)
Macroeconomics International economic relations International finance Economics, Mathematical