Balance of Payments

Discover the intricacies of international finance with "Balance of Payments" by Robert M. Stern. Published by Taylor & Francis Inc in 2007, this comprehensive paperback spans 454 pages and delves into the contemporary system of pegged-but-adjustable exchange rates. Stern expertly addresses the challenges that policymakers encounter in their pursuit of full employment, price stability, balance-of-payments equilibrium, and sustainable economic growth. This insightful book is essential for anyone looking to understand the complexities of foreign exchange and the global economy. Enhance your knowledge and navigate the world of international finance with this essential resource.