Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and Policies, (PDF) offers a macroeconomic framework for understanding and evaluating the global economy from the perspectives of evolving economies and developing countries.
Different from most macroeconomic textbooks, which typically stress issues about developed countries while downplaying issues linked to developing countries, this ebook emphasizes problems in emerging economies, including those in Latin American countries.
It also describes the latest developments in international finance that are important to a thorough understanding of the implications and effects of the current financial crisis.
- Offers a unified mathematical model accessible to those with basic mathematical skills
- Offers case studies and publicly available data allowing readers to explore theories and their applications
- Focuses on developing country perspectives on International Finance and the Economy, including those in Latin American countries
- Describes recent developments in international finance that are essential to a thorough understanding of the effects and implications of the recent financial crisis
“A motivating textbook on international macroeconomics developed with articulate economic intuition and illustrated with latest issues in global economy.” — Ou Hu, Youngstown State University
“The world of international finance has been since 2007 one of the most complex and interesting ever known. Developing countries are evolving, developed economies are facing serious demographic and fiscal challenges, the international monetary system is anarchic, exchange rates fluctuate, the balance of payments imbalances abound, and challenges only increase. Cristina Terra’s ebook comes at a good time, putting these issues in order clearly and didactically. Including basic concepts and relevant models in a clear and well-illustrated way, this ebook will serve as an essential reference for practitioners and academics.” — Arminio Fraga Neto, Gávea Investimentos, Brazil
“Cristina Terra’s excellent intermediate international macroeconomics textbook fills an important gap by offering analysis that is more mathematically demanding than standard mass-market textbooks, yet remains quite available to both advanced undergraduates and first-year graduate students. The ebook is also different in its focus on developing market policy issues, though the financial crisis has shown that progressive economy practitioners would do well to learn these lessons also. Another very interesting aspect of the ebook is that a great deal of the material is included within a unified analytical framework, assisting students to see links between issues. A very helpful addition to the market, especially for seniors and juniors that are really too advanced for standard intermediate international macro ebooks.” — Kenneth Rogoff, Harvard University
NOTE: The product includes the ebook, Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and Policies in PDF. No access codes are included.