Money and the Global Economy

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.

Autorentext

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.

Inhalt

What money is; Where the world's money is; Who moves the world's money - financial centers and their banks; Who moves the world's money - the markets for money; Why money moves; How money moves; Consequences of international money movement; Interferences in international money movement; Irregular international money movement.