Financial Globalization: Opportunity and Crisis - Impacting Global Economies
The article discusses international finance, covering topics like national income accounting, exchange rates, and financial globalization. It explores how money, interest rates, and prices affect exchange rates in the short and long term. The researchers also look at fixed exchange rates, historical monetary systems, and the impact of financial globalization on opportunities and crises. They analyze the Euro as an optimum currency area and examine growth, crises, and reforms in developing countries.