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Money and Monetary Policy in an Open Economy

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Language:  English
Finance sector decisions have a decisive impact on well-being. The authors present approaches to monetary management in both closed and open economies that highlight major policy dilemmas.
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Financial sector decisions have a decisive impact on economic performance. Financial affairs used to be reported on the back pages of newspapers but are front page news today. The authors present a primer on how financial markets are conventionally analyzed. They present the basic models and approaches to understanding banking, finance and monetary management in both closed and open economies and some of the pressing policy concerns. Readers are provided with a more knowledgeable base on which to evaluate financial market performance and global financial instability issues.

  1. Money and Monetary Policy
  2. Monetary Policy and Economic Activity
  3. Balance of Payments and the Exchange Rate
  4. Macroeconomic Policy in an Open Economy
  5. Fixed Exchange Rates, Central Bank Intervention and regional Currency Arrangements
  6. Global Financial Instability
  7. Global Capital Flows and Financial Instability
  8. International Monetary System
  9. Developing Countries and International Institutions
Very good book.
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About the Authors
Mehdi

Mehdi Monadjemi

John

John Lodewijks