This item is in: Finance > Investment

Money and the global economy

Alexander Reed

marvellous book … I learned everything I never wanted to admit I didn't understand while a banker.
Nita Hughes, former Vice President, Bank of America

an excellent reference ... I found it riveting.
P Guy de K Giradeau OBE FCA, retired partner, Price Waterhouse

To one who has spent his life's work in the field, it is fascinating reading.
C Vaughn Wilson, retired Vice President, Citibank

In the global economy, goods, services, investments, loans, information and people move across national borders with growing freedom and rapidly increasing volumes. Each time such an individual event occurs, parts of two or more nation's moneys change ownership. This book describes the significance of these monetary exchanges, their mechanics, and how money itself affects these cross-border events.

ISBN 1 85573 411 7
ISBN-13: 978 1 85573 411 1
October 1998
320 pages  280 x 215mm  hardback  
£130.00 / US$220.00 / €155.00

Usually dispatched within 24 hours

About the author

Alexander Reed graduated from Amherst College and Harvard Law School, served as an officer in the United States in the Pacific in World War II and practiced law for several years in Pittsburgh, USA. He then embarked on an international financial career and for forty years lived or worked in some thirty different countries, representing several United States banking institutions.

Titles which may also be of interest:
Forecasting company profits
How charts can make you money

Contents

What money is
 - Effective money
 - Quasi (near) money
 - International money
 - Quality, supply, velocity, cost, magnitude

Where the world's money is
 - Different monetary systems
 - Physical distribution of the world's money
 - The world's financial infrastructure
 - International banks
 - Collateral institutions
 - The world's liquidity - the place of external reserves and borrowing facilities

Who moves the world's money - financial centers and their banks
 - Financial centers
 - International banks
 - Offshore financial centers
 - Supervision of the world's financial infrastructure

Who moves the world's money - the markets for money
 - Foreign exchange markets
 - Money markets
 - Capital markets
 - Euromarkets
 - Derivatives markets

Why money moves
 - Reasons for international movement
 - Influences of international movement
 - Sophisticated money movement

How money moves
 - Domestic movement
 - International movement
 - Foreign exchange
 - Foreign exchange markets and market makers
 - Foreign exchange trading
 - Determining rates of exchange

Consequences of international money movement
 - Measuring international money movement
 - Monetary consequences
 - Economic consequences
 - Social and political consequences
 - Legal consequences
 - Tax consequences

Interferences in international money movement
 - Rationale of interferences
 - A potpourri of illogic and emotions
 - Indirect interferences
 - A miscellany of informal influences
 - Direct controls
 - Reducing interferences

Irregular international money movement
 - Motives
 - Magnitude of irregular movement
 - Source countries and originators of irregular international money movement
 - Mechanics of irregular money movement
 - Consequences of irregular international money movement
 - Solutions to the problems of irregular money movement