The sharp realities of financial globalization become clear during crises, when winners and losers emerge. Crises usher in short- and long-term changes to the status quo, and everyone agrees that learning from crises is a top priority. The Evidence and Impact of Financial Globalization devotes...

To form a more perfect economic union and to establish a single market financially, economically and politically, 11 European countries founded a common currency and a European Central Bank, and created a new monetary unit, the euro, on 1st January, 1999. On that date, the old national...

Dieses Lehrbuch beschäftigt sich mit den traditionellen monetären Aspekten der internationalen Wirtschaftsbeziehungen: Wechselkurs, Zahlungsbilanz und außenwirtschaftliche Anpassungsmechanismen. Neu ist allerdings, daß der Schwerpunkt dabei auf den Wechselkursen liegt, da sich das...