International Money and Finance Book

	List of Figures
	List of Tables
	Preface
1	Introduction	1
2	Some Basic Concepts in International Finance	10
3	Spot and Forward Exchange Rates: Some More Basic Ideas	24
4	Income and the Balance of Payments	44
5	Macroeconomics in an Open Economy: The Mundell-Fleming Model and Some Extensions	67
6	International Policy Coordination	94
7	Purchasing Power Parity: Theory and Evidence	122
8	The Monetary Approach to the Balance of Payments	155
9	The Monetary View of Exchange Rate Determination	176
10	The Monetary Model: Further Applications - Real Shocks and Exchange Regime Volatility	212
11	The Portfolio Balance Approach to the Determination of the Exchange Rate	226
12	Spot and Forward Exchange Rates and the Efficient Markets Hypothesis	249
13	Expectational Explanations for the Rejection of the Efficient Markets Hypothesis and the "News"	277
14	Currency Crises and Speculative Attacks	303
15	Exchange Rate Target Zones and "Dirty Floating"	321
16	The International Gold Standard: Theory and Experience	336
17	The Dollar Standard Today and During the Bretton Woods Era	353
18	Monetary Unions	371
19	International Capital Flows	388
20	Developing Countries, Balance of Payments Adjustment, and the International Monetary Fund	409
21	The Order of Liberalization in Developing Countries	430
22	Exchange Rates and Transition Economies	443
23	International Debt	456
24	International Monetary Reform	472
	Bibliography	490
	Author Index	530
	Subject Index	538