This book familiarizes the readers with economic issues and implications of global trade and finance relations across numerous dimensions of complexities with theoretical underpinnings. Beyond its basic approach and the pedagogy, it has a focus on applying theory in the current global economic and business environment with an Indian perspective.
The volume may serve as a basic reference/text book for the allied courses on the global trade and finance for the MBA programme and studies in commerce/business and economic faculties in the Indian and foreign universities.
Incidentally, the book is tuned with the M.Com. I degree course new syllabus (effective from the academic year 2008-09) for the paper: `Economics of Global Trade and Finance prescribed by the University of Mumbai.
Contents :
MODULE 1: BOP ADJUSTMENTS
1. Introductory: Global Trade
2. Balance of Payments (BOP): A Theoretical Underpinning
3. Disequilibrium in BOP and Adjustments
MODULE 2: ECONOMICS OF INTEGRATION
4. Economic Integration
5. The European Economic Community
6. South Asian Association for Regional Co-operation (SAARC)
7. Miscellaneous Economic Blocks
8. Regionalism versus Multilateralism
MODULE 3: WTO AND GLOBAL ECONOMY
9. General Agreement on Tariffs and Trade (GATT)
10. The World Trade Organisation (WTO)
MODULE 4: FOREIGN EXCHANGE MARKET
11. The Rate of Exchange
12. Equilibrium Rate of Exchange and other Issues
MODULE 5: IMF AND CAPITAL FLOW
13. The Role of IMF
14. International Capital Movements
15. Foreign Direct Investment (FDI)
MODULE 6: CURRENCY MARKETS
16. Nature and Characteristics of Euro-Dollar Market
MODULE 7: EMERGING ISSUES IN GLOBAL FINANCE
17. Global Financial Architecture
18. International Debt and World Bank
19. Globalisation of Financial Markets: International Finance Hub
MODULE 8: EMERGING ISSUES IN GLOBAL TRADE
20. Free Trade vs. Trade Barriers
21. Tariffs : A Major Trade Barrier
22. Import Quotas (Non-Tariff Trade Barrier)
23. Exchange Control (Non-Tariff Barrier)
24. Other Non-Tariff Trade Barriers
25. Globalisation
26. Globalisation in China and India
Selected Readings and Reference
