Money, Banking, and Financial Markets

Product Enquiry

We are pleased to present this Global Edition, which has been developed specifically to meet the needs of international money and banking students. In addition to coverage of the 2007-2009 global financial crisis, including new “Lessons from the Crisis,” material has been added to make the content more relevant and mprove learning outcomes for the international student.

Enhancements to the Global Edition include:

  • Updated “Your Financial World” boxes that examine personal finance issues relevant for the international student, including trading options on foreign exchanges, evaluating the risks of ITC derivatives, and using inflation-protected bonds around the world.
  • Revised “Applying the Concept” boxes that describe historical events and issues relevant to the international public policy debate, such as sovereign risk, international financial intermediation, and precedents of the concept of “lender of last resort.”
  • Added focus on intemational financial instruments such as currency options used by businesses to mitigate risk inherent in cross-border transactions.
  • Additional discussion area measure of consumer prices and the Harmonized Index of Consumer price.
  • Modified end-of-chapter material including new global examples.

This Global Edition has been adapted to meet the needs of courses outside of the United States and does not align with the instructor and student resources available with the U.S. edition.

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