International Financial Management

Preface. Preface to the First Edition. Part 1: International Financial and Monetary Environment—1. International Financial Management: An Overview. 2. International Flow of Funds: Balance of Payments. 3. Developments in International Monetary System. 4. Exchange Rate Mechanism. Part 2: Markets for Foreign Exchange and Derivatives—5. Foreign Exchange Market. 6. Market for Currency Futures. 7. Market for Currency Options. Part 3: Foreign Exchange Exposure Management—8. Forecasting Exchange Rates. 9. Nature and Measurement of Foreign Exchange Exposure. 10. Management of Foreign Exchange Exposure. Part 4: International Investment Decision—11. Foreign Direct Investment. 12. International Capital Budgeting. 13. Evaluation and Management of Political Risk. 14. International Portfolio Investment. Part 5: International Financing Decisions—15. Overview of the International Financial Market. 16. Multilateral Development Banks. 17. International Banking. 18. International Financial Market Instruments. 19. Financial Swaps. 20. Management of Interest-Rate Risk. Part 6: Management of Short-term Funds—21. International Working Capital Management. 22. Financing of Foreign Trade. Part 7: Miscellaneous Issues—23. International Accounting. 24. International Indebtedness. 25. International Taxation. Glossary. Country and Currency. Answers to Objective Type Questions. Answers to Numerical Problems. Author Index. Subject Index.