The New International Money Game

by R. Aliber

• ISBN13: 9780333725443
• ISBN10: 0333725441
• Format: Nonspecific Binding
• Copyright: 2001-12-21
• Publisher: Springer Nature

Summary

Previous editions of Robert Z. Aliber's The New International Money Game have been widely acclaimed as the best and most entertaining introduction to the arcane enigmas of international finance. Since its original publication, the book has become a classic primer for beginning students, businesspersons, and anyone interested in a clear explanation of international monetary and financial issues. With expert knowledge and a wry sense of humor, Aliber demystifies international finance by breaking through the jargon barrier and presenting technical issues in a clear and concise manner. Aliber takes the reader on a tour of a multiplicity of international finance issues, included fixed and floating exchange rates, devaluations, money markets, monetary policy, and the concepts that lie behind the esoteric language of financial economists. This sixth edition tracks the changes that have taken place in the world economy since the previous editions by exploring financial globalization, postcommunist transition, European integration, and the Asian economic crisis. It is an indispensable and highly readable guide to the complex and increasingly fragile system through which the world's business is financed.

Table of Contents

List of Figures, Tables, and Boxes
Preface and Acknowledgements
List of Abbreviations and Acronyms
Introduction
A System is How the Pieces Fit	p. 1
The Name of the Game is Money	p. 17
International Monetary Arrangements, Money, and Politics
'The Greatest Monetary Agreement in History'	p. 39
The Gnomes of Zurich Play in the Largest Market in the World	p. 60
Gold - How much is a 'Barbarous Relic' Worth?	p. 86
The Dollar and Coca-Cola are both Brand Names	p. 106
Radio Luxembourg and the Eurodollar Market are both Offshore Stations	p. 124
They Invented Money so They Could Have Inflation	p. 135
Oil and OPEC Roller Coaster	p. 152
The Threes Ds - Disinflation, Deflation, and Depression	p. 168
Optimal Bankrupts - Deadbeats on an International Treadmill	p. 179
Central Bankers Read Election Returns, not Balance Sheets	p. 199
Monetary Reform - Where Do the Problems Go When They're Assumed Away?	p. 213
The Costs of 100 National Monies
The Money Game and the Level Playing Field	p. 231
Underground Economies and the Cost of Regulation	p. 239
Tax Avoidance - A Game for the Rich	p. 249
Banking on the Wire	p. 265
Zeros, Swaps, and Options - The Revolution in Finance	p. 279
The World Market for Stocks and Bonds	p. 294
Why are Multinational Firms Mostly American?	p. 307
Japan - The First Superstate?	p. 330
China - The 800 lb. Gorilla	p. 347
Zlotys, Rubles, and Leks	p. 356
Transition Economies - Who Lost Russia?	p. 370
Fitting the Pieces Once Again	p. 380
Index	p. 387
Table of Contents provided by Blackwell. All Rights Reserved.