Exchange Rates and International Financial Economics History, Theori

The recent financial crisis has troubled the US, Europe, and beyond, and is indicative of the integrated world in which we live. Today, transactions take place with the use of foreign currencies, and their values affect the nations' economies and their ci

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Copyright material from www.palgraveconnect.com - licensed to University of Wollongong - PalgraveConnect - 2016-04-06

Exchange Rates and International Financial Economics

10.1057/9781137318886 - Exchange Rates and International Financial Economics, John N. Kallianiotis

10.1057/9781137318886 - Exchange Rates and International Financial Economics, John N. Kallianiotis

Copyright material from www.palgraveconnect.com - licensed to University of Wollongong - PalgraveConnect - 2016-04-06

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History, Theories, and Practices by John N. Kallianiotis

10.1057/9781137318886 - Exchange Rates and International Financial Economics, John N. Kallianiotis

Copyright material from www.palgraveconnect.com - licensed to University of Wollongong - PalgraveConnect - 2016-04-06

Exchange Rates and International Financial Economics

EXCHANGE RATES AND INTERNATIONAL FINANCIAL ECONOMICS

Copyright © John N. Kallianiotis, 2013. All right reserved.

Where this book is distributed in the UK, Europe and the rest of the world, his is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–1–137–28322–1 Library of Congress Cataloging-in-Publication Data Kallianiotis, John N., 1951– Exchange rates and international financial economics : history, theories, and practices / by John N. Kallianiotis. pages cm Includes bibliographical references and index. ISBN 978–1–137–28322–1 (alk. paper) 1. Foreign exchange rates. 2. International finance. I. Title. HG3851.K25 2013 332.4’5—dc23

2013013236

A catalogue record of the book is available from the British Library. Design by Newgen Knowledge Works (P) Ltd., Chennai, India. First edition: October 2013 10 9 8 7 6 5 4 3 2 1

10.1057/9781137318886 - Exchange Rates and International Financial Economics, John N. Kallianiotis

Copyright material from www.palgraveconnect.com - licensed to University of Wollongong - PalgraveConnect - 2016-04-06

First published in 2013 by PALGRAVE MACMILLAN® in the United States—a division of St. Martins Press LLC, 175 Fifth Avenue, New York, NY 10010.

10.1057/9781137318886 - Exchange Rates and International Financial Economics, John N. Kallianiotis

Copyright material from www.palgraveconnect.com - licensed to University of Wollongong - PalgraveConnect - 2016-04-06

´ To Katerina (Kατ ερ´ıνα) and Nicholas (Nικ oλαoς )

10.1057/9781137318886 - Exchange Rates and International Financial Economics, John N. Kallianiotis

Copyright material from www.palgraveconnect.com - licensed to University of Wollongong - PalgraveConnect - 2016-04-06

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List of Illustrations

viii

List of Permissions

xi

Preface

xiii

Acknowledgments

xvii

About the Aut