《国际金融(第10版)》选自查尔斯·希尔的
International Business:Competing in the
Global Marketplace 2015年第10版的国际金融部分
。从第3版开始,International Business就一直是
全球国际商务领域广泛使用的书,其中的国际金融是
国际商务的重要组成部分。
全书共四章:外汇市场;国际货币体系;全球资
本市场:国际商务领域的会计和金融。本书案例丰富
,系统性强,文笔优美流畅,并且书中所有的案例和
统计数据均是作者用心更新的。
本书可作为金融学课程、国际贸易课程、工商管
理以及商务英语等专业的双语课程适用教材,同时,
对初涉及意欲开拓国际商务的专业人士也有很好的参
考价值。
目录
CHAPTER I
The Foreign Exchange Market
Opening Case
The Rise (and Fall) of the Japanese Yen
Introduction
The Functions of the Foreign Exchange Market
Currency Conversion
Insuring against Foreign Exchange Risk
Management Focus
Volkswagen's Hedging Strategy
The Nature of the Foreign Exchange Market
Economic Theories of Exchange Rate Determination
Prices and Exchange Rates
Country Focus
Quantitative Easing, Inflation, and the U.S. Dollar
Interest Rates and Exchange Rates
Investor Psychology and Bandwagon Effects
Summary of Exchange Rate Theories
Exchange Rate Forecasting
The Efficient Market School
The Inefficient Market School
Approaches to Forecasting
Currency Convertibility
Implications for Managers
Management Focus
Dealing with the Rising Euro
Chapter Summary
Critical Thinking and Discussion Questions
Research Task
Closing Case
Billabong
Endnotes
CHAPTER 2
The International Monetary System
Opening Case
Iceland's Economic Recovery
Introduction
The Gold Standard
Mechanics of the Gold Standard
Strength of the Gold Standard
The Period between the Wars: 1918-1939
The Bretton Woods System
The Role of the IMF
The Role of the World Bank
The Collapse of the Fixed Exchange Rate System
The Floating Exchange Rate Regime
The Jamaica Agreement
Exchange Rates since 1973
Country Focus
The U.S. Dollar, Oil Prices, and Recycling
Petrodollars
Fixed versus Floating Exchange Rates
The Case for Floating Exchange Rates
The Case for Fixed Exchange Rates
Who Is Right?
Exchange Rate Regimes in Practice
Pegged Exchange Rates
Currency Boards
Crisis Management by the IMF
Financial Crises in the Post-Bretton Woods Era
Country Focus
The Mexican Currency Crisis of 1995
Evaluating the IMF's Policy Prescriptions
Implications for Managers
Management Focus
Airbus and the Euro
Chapter Summary
Critical Thinking and Discussion Questions
Research Task
Closing Case
Currency Trouble in Malawi
Endnotes
CHAPTER 3
The Global Capital Market
Opening Case
Declining Cross-Border Capital Flows:
Retreat or Reset?
Introduction
Benefits of the Global Capital Market
Functions of a Generic Capital Market
Attractions of the Global Capital Market
Management Focus
Deutsche Telekom Taps the Global Capital
Market
Growth of the Global Capital Market
Global Capital Market Risks
Country Focus
Did the Global Capital Markets Fail Mexico?
The Eurocurrency Market
Genesis and Growth of the Market
Attractions of the Eurocurrency Market
Drawbacks of the Eurocurrency Market
The Global Bond Market
Attractions of the Eurobond Market
The Global Equity Market
Foreign Exchange Risk and the Cost of Capital
Implications for Managers
Chapter Summary
Critical Thinking and Discussion
Questions
Research Task
Closing Case
Industrial and Commercial Bank
of China
Endnotes
CHAPTER 4
Accounting and Finance in the International Business
Opening Case
Tax Strategy at Google
Introduction
National Differences in Accounting Standards
International Accounting Standards
Management Focus
Chinese Accounting
Accounting Aspects of Control Systems
Exchange Rate Changes and Control Systems
Transfer Pricing and Control Systems
Separation of Subsidiary and Manager Performance
Financial Management: The Investment Decision
Capital Budgeting
Project and Parent Cash Flows
Adjusting for Political and Economic Risk
Management Focus
Black Sea Oil and Gas Ltd.
Risk and Capital Budgeting
Financial Management: The Financing Decision
Financial Management: Global Money Management
Minimizing Cash Balances
Reducing Transaction Costs
Managing the Tax Burden
Moving Money across Borders
Chapter Summary
Critical Thinking and Discussion Questions
Research Task
Closing Case
Microsoft's Acquisition of Skype
Endnotes
Cases
South Korean Currency Crisis
Russian Ruble Crisis and Its Aftermath
Caterpillar: Competing in a World of Fluctuating
Currencies
Glossary