Publisher's Synopsis
Written principally to cover the syllabus requirements of the CIB Core Associateship paper "The Monetary and Financial System", this new edition has been updated in the text (especially the exchange rate mechanism, European Monetary System, corporate finance/risk management sections) and in the examples and questions.;Each chapter contains examination questions, with outline answers, together with a full specimen model answer to a recent question. Although written specifically for this syllabus, it is also suitable for undergraduates reading economics with monetary and financial systems components.;The text should help students to acquire a finely-focused prespective of the evolving practices of the monetary and financial system of a developed economy.
