L'ouvrage présente une vision globale de la finance internationale. Avec les techniques financières, le marché des changes, la gestion des risques internationaux ou les places financières internationales.

La finalité de cet ouvrage est pédagogique. Il est destiné à faciliter l’acquisition des connaissances dans le domaine de la finance internationale et celui de la gestion des risques. Cette nouvelle édition, actualisée et rénovée, regroupe tous les thèmes importants de ces deux...

The main objective of this paper is to study the relationship between external public debt and equilibrium real exchange rate in developing countries. Using a extension of Obstfeld & Rogoff (1995) model we show that debt overhang tend to appreciate real exchange rate in the long run (Krugman...

Labour standards defined by the ILO in 1998 are universal but applied very differently in countries. They are much better respected in high income countries. However, the causality between labour standards and growth remains a controversial issue. The strategies of export-led growth might...

Labour standards defined by the ILO in 1998 are universal but applied very differently in countries. They are much better respected in high income countries. However, the causality between labour standards and growth remains a controversial issue. The strategies of export-led growth might...

Core labour standards defined by the ILO in 1998 are universal, but applied very differently across countries. Compliance is much higher in high income countries. However, the causality between improved labour standards and economic growth remains a controversial issue. Export-led growth...

There have been increasing warnings lately that the world economy is in danger of disintegrating. How realistic are such fears? Could the world's trading partners have a serious interest in such a development and be prepared to accept the risks involved? The following three articles seek to...

The paper is an empirical study on contagion during the 1997–1998 Asian crisis. In line with Sander and Kleimeier [Sander, H., Kleimeier, S., 2003. Contagion and causality: an empirical investigation of four Asian crisis episodes. International Financial Markets, Institution and Money 13,...

This paper proposes a new ‘World Volatility Index’, coined WVIX, by constructing the first index that approximates the aggregate volatility level of the G20 countries. The empirical analysis makes use of the factor dynamic conditional correlation model – with an automated methodology to...