International Finance: And global risks

The book offers a comprehensive overview of international finance, explaining its evolution, key players and growing economic interdependence. It analyzes the structure of the global financial system, foreign exchange markets and the exchange rate regimes that determine the behavior of currencies. It explores the main international financial instruments - derivatives, bonds and hedging mechanisms - along with the foreign exchange, political and financial risks faced by companies and countries in a globalized environment. It also delves into foreign direct and portfolio investment, highlighting its determinants and macroeconomic effects. Finally, it addresses financial management in multinational companies and the impact of technological innovation, including cryptocurrencies, fintech, blockchain and the challenges of cybersecurity. The book concludes by noting that the stability and efficiency of the global financial system require sound regulation, technological adaptation and risk management strategies consistent with the growing complexity of the international environment.