Money, Financial Markets and The Economy

• Main Author: Scott, Robert Haney (Author)
• Format: Book Chapter
• Language: English
• Published: Pasir Panjang Road, Singapore Prentice Hall 1995; ©1995
• Subjects: Finance; Money market; Financial institutions
• Online Access: Click Here to View Status and Holdings.

 The purpose of this book is to provide its reader with an understanding of the importance of an efficient monetary and financial system to a modern exchange economy, to describe the workings of financial systems, to explain the economic theory relevant to financial systems, and to analyze policy issues related to the regulation of money and finance.Because of the importance of the U.S. dollar in the world economy, the financial system of the United States holds center stage in this book. However, the book has a strong international focus. References are often made to the financial systems of other major industrial countries. But the truly unique quality of the book is its strong emphasis on the financial systems of the Four Asian Tigers - Hong Kong, Republic of Korea, Singapore and Taiwan - the most prosperous of the world's economies over the past two decades.The book contains information that is important for all students of business and economics, and useful for nearly all persons working in business, finance, banking and government.