The New International Money Game

This work aims to demystify international finance by investigating issues such as fixed and floating exchange rates, devaluations, money markets and the concepts that lie behind the esoteric language of financial economics. This edition reflects changes in the world economy.

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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 humour, 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, including fixed and floating exchange rates, devaluations, money markets, monetary policy, and the concepts that lie behind the esoteric language of financial economists. This 6th 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 a useful and readable guide to the complex and increasingly fragile system through which the world's business is financed.