Financal systems1998

As the world's financial markets become increasingly integrated and competetive it is now more important than ever for managers to keep abreast of changes in financial sytems. Financial Systems: Principles and Organization looks at all aspects of financial systems today and offer a clear explanation of how ansd why change occurs. The book is divided into five parts ranging from the basic organization and evolution of a financial system to how it functions and finally suggestions for improving it. This includes: * an explanation of some current controversies, such as derivatives and risk management in financial trading * an international overview of US, Pacific and European economies * up-to-date explanations of the economic principles involved * wider scope than other books on the subject, providing an accessible and comprehensive guide to a very complex and often confusing system. Financial Systems: Principles and Organization will be a valuable aid to those who require a clear overview of how financial systems actually work.