International Finance
In International Finance, the three authors systematically introduced classic theories, models, and cases in the field of international finance and discussed their specific applications in China, based on the practical experience in China and other developing countries.
In terms of content, the book introduces the exchange rate, one of the most critical variables in international finance followed by a detailed balance of payments of a country and an analysis of the costs and benefits of financial globalization. It explores the effective combination of fiscal and monetary policies in the open economy of a country. It wraps up with a country’s choices of exchange rate regimes and possibilities for coordinating monetary policies against the global economic shocks facing each country.
After introducing the classic models, it specifically discusses how to use these models to analyze economic concerns in China, especially those arising from the dynamic process of China’s gradual opening-up. At the same time, a large number of data analysis cases are provided to guide readers to extract typical international financial facts from data and understand international financial theories with statistical and econometric tools.
The book can serve as a textbook for teaching international finance in regular higher educational institutions, a training material for party schools and cadres, or a reference book for readers who are interested in international finance.
For more details: https://sfi.cuhk.edu.cn/en/node/7330
