International finance and open economy macroeconomics/ Francisco L. Rivera-Batiz and Luis A. Rivera-Batiz

Introduction
Part 1 The Foreign Exchange Market and Exchange Rate
1 The Foreign Exchange Market
2 Central Banks, Exchange Rate Regimes, and the International Monetary System
3 Foreign Currency Regimes in Developing Countries

Part 2 The International Financial System
4 International Money and Capital Markets
5 Exchange Rate Forecasting, Risk Premia, Forward Market Efficiency
7 Onshore Banking in International Perspective
8 Eurocurrencies and Euromarkets: The Offshore Banking System

Part 3 Introduction to International Macroeconomics
9 A Broad Picture of the Open Economy: International Transactions and the Balance-of-Payments Accounts
10 Measuring Interdependence: The International Investment Position of a Country and Exchange Rate Concepts
11 National Income Accounting and the Open Economy
12 The External Debt Crisis of Developing Countries

Part 4 Income, Trade, and Capital Flows: Fixed Flexible Exchange Rates
13 The Determination of Output, Exchange Rates, and the Trade Balance
14 Balance-of-Payments Adjustments and the Macroeconomics of Fixed Exchange Rate Regimes
15 Expectations, Exchange Rate Dynamics, and Economic Policy

Part 5 Inflation, Unemployment, and Economic Policy in the Open Economy
16 Production, Prices, and Unemployment in the Open Economy
17 Prices, Output, and Economic Adjustment Under Flexible Exchange Rates
18 Expectations, Inflation, and Business Cycles

Part 6 Asset Markets, the Balance of Payments, and the Exchange Rate
19 Asset Market and Exchange Rate Determination
20 The Monetary and Asset Market Approach to the Balance of Payments

Part 7 Interdependence in the World Economy
21 The International Monetary System: History and Controversies
22 Interdependence, Monetary Regimes, and the Current State of the World Economy