In the world of finance, the stakes are high and the pressure is great, but so are the potential rewards. For those who enjoy working with money, there is no better field to be involved in. Although finance is sensitive to the ups and downs of the economy, it serves many essential functions, such as providing business loans, investment services, and mortgages, all of which create plenty of opportunity for smart workers.Finance explains the ins and outs of the financial industry, the types of companies that comprise it, and the jobs they provide. Offering an exciting behind-the-scenes perspective, this new resource helps readers plan their future careers and achieve success. An index, resources, and box features round out this invaluable guide.
Thisvolume focuses on current issues of debate in the area of modern macroeconomics and money, written from (a broadly interpreted) post Keynesian perspective. The papers connect with Philip Arestis' contributions to macroeconomics and money, andpay tribute tohis distinguished career.
Its high-level perspective on the global economy differentiates this introduction to international finance from other textbooks. Melvin and Norrbin provide essential information for those who seek employment in multinational industries, while competitors focus onstandard economic tools and financial management skills. Readers learn how to reach their own conclusions about trends and new developments, not simply function within an organization. The 8 th edition, newly updated and expanded, offers concise descriptions, current case studies, andnew pedagogical materials to help readers make sense of global finance. Introduces international finance to readers with diverse backgrounds who want jobs in international investment, international banking, and multinational corporations Describes a nuanced view of international finance by drawing on material from the fields of theoretical finance and international macro-finance Features 100% revised chapters, new pedagogical content, and online supplementary materials
This textbook focuses on key international monetary and financial phenomena, exploring the determinants of exchange rates, international competitiveness, interest rates, saving, investment, international capital flows, commodity prices, the terms of trade, financial crises, foreign investment and economic growth. The text enhances understanding of international money and finance by providing background on globalisation and characteristics of the world economy, as well as detailed explanation of important international monetary variables. It then systematically develops a suite of compatible theoretical frameworks to analyse perennially important international monetary questions. A major feature of the text is its emphasis on real world policy relevance, covering topics such as inflation targeting, the operation and effectiveness of fiscal and monetary policy, public debt sustainability, exchange rate regime choice, commodity price gyrations, the causes and consequences of financial crises, and the gains from foreign investment.
Money centres on the figure of Aristide Rougon, known as Saccard, and his unscrupulous money-making schemes. His story intertwines the worlds of politics, finance, and the press, and resonates disturbingly with our own times. This is the first new translation for more than a hundred years, and the first unabridged translation in English.
Money Magazine is a magazine first published in 1972 that is dedicated to personal finance. The magazines experts cover investments, saving and family planning, as well as business news and news about the economy. Money Magazine is known well for the investment tips and advice that are contained in each issue.
From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind's greatest inventions. What is money, and how does it work? In this tour de force of political, cultural and economic history, Felix Martin challenges nothing less than our conventional understanding of money. He describes how the Western idea of money emerged from interactions between Mesopotamia and ancient Greece and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. He explores the extraordinary diversity of the world's monetary systems, from the Pacific island of Yap, where value was once measured by immovable stones, to the currency of today that exists solely on globally connected computer screens. Martin shows that money has always been a deeply political instrument, and that it is our failure to remember this that led to the crisis in our financial system and so to the Great Recession. He concludes with practical solutions to our current pressing, money-based problems. Money skips nimbly among such far-ranging topics as John Locke's disastrous excursion into economic policy, Montesquieu's faith in finance to discipline the power of kings, the social organization of ancient Sparta and the Soviet Union's ill-fated attempt to abolish money and banking altogether. Throughout, Martin makes vivid sense of a chaotic and sometimes incoherent systemthe everyday currency that we all sharein the clearest and most stimulating terms. This is a magisterial work of history and economics, with profound implications for the world today.
David Ricardo, one of the major figures in the history of economic thought, particularly in the English classical political economy, deployed his activities as economist just two hundreds of years ago. Since then his economics has been generally estimated as the culminating point of the classical economics, and his name and theory has been exerting an enduring influence up to the present. This book, consisting of articles contributed by historians economic thought on money and finance, intends to reappraise the Ricardo's monetary and financial thought on the occasion of its bicentenary and to offer historical clues to understanding today's world wide financial crisis. The book consists ofeight chapters divided intothree parts. The first part is devoted to the historical back ground of Ricardo's thought (Hume, Smith, Thornton etc). It serves to bring in relief the originality of Ricardo's thought in the historical context. The second and central part consists offour chapters discussing the most important aspects of Ricardo's monetary thought: Ricardo and quantity theory of money, the ideal monetary regime conceived by Ricardo very early in his career and matured till the last moment of his life, plan for the establishment of a national bank. In this part, the relation between the quantity of money and its value in Ricardo's theory is examined in a new light and Ricardo as a non-quantity theorist. The two chapters in the third and last part discuss the problems raised after Ricardo in relation to his monetary thought. TracingRicardo'seconomic thought to the early 19 th century, this book may providereaders insight tohelp them understand the present day financial crises through his works.
In the past 30 years the financial sector has seen unparalleled growth and has exerted increased economic and political influence and significance. This growth has come hand-in-hand with several serious economic crises and greater monetary instability. Set against this background, this book offers a wide ranging, critical analysis of the financial sector. Each of the chapters explores a different theme under the topic of money, finance and capitalist development. The performance of capitalist economies is first analyzed from a Keynesian evolutionary perspective before moving to a focus on the East Asian crisis and asking the question of whether the global neo-liberal regime can survive in Asia. The rapid growth of the financial sector has involved, amongst other changes, a dramatic growth in the sale of financial derivatives. This activity is examined and found to increase uncertainty rather than decrease risk. The nature of money, and in particular the nature of endogenous credit money, is thoroughly discussed, and the political economy of central banks and their operations is reviewed. The book concludes with a critical assessment of the non-accelerating inflation rate of unemployment. "Money, Finance and Capitalist Development" should be of great value and interest to financial and monetary economists, as well as students and scholars of macroeconomics and finance.