Macroeconomics and Markets in Developing and Emerging Economies

The book presents and further develops basic principles and concepts in international finance and open economy macroeconomics to make them more relevant for emerging and developing economies (EDEs). It addresses a host of themes including key issues such as exchange rate economics, macroeconomic policy in an open economy, analytical frameworks for and experience of EDEs after liberalization, the international financial system, currency and financial crises, continuing risks, and regulatory response.