Bücher von Peter (International Monetary Fund Institute Isard

Provides perspectives on various aspects of the international financial system that contribute to financial crises and growth failures, and discusses the remedies that economists have proposed. It also sheds light on a central feature of the international financial system: the activities and effectiveness of the International Monetary Fund.

This book provides a wide-ranging survey of the literature on exchange rate economics. The author describes different theories that attempt to explain the behavior of exchange rates, and outlines the salient institutional characteristics of the modern foreign exchange market in the context of an evolving international monetary system.