The no-nonsense guide to global finance

Title
The no-nonsense guide to global finance

Personal Author EPSB
Peter. Stalker

Summary
The book explains the basic concepts of finance - how money is created, and how decisions by banking and other financial service corporations are determining the fate of billions of people. It traces the origins of money, as a source of exchange and a store of value, and the many forms it now takes - visible and invisible. How banks, investment and retail, make money and profits and hold countries to ransom when they make losses. How companies finance their operations through stocks, shares and bonds and complex derivatives that are becoming increasingly remote from real-world activities. It also includes chapters on global currency exchange, alternative systems of banking, including microfinance, government regulation or lack of it, international institutions such as the World Bank and the IMF, and a final chapter on ways of bringing global finance under control.

Year Published
2009

Series
The no-nonsense guides

Physical Description
160 p. illus.

Note
Co-published by New Internationalist.

Subject
Banks and banking.
 
Money.
 
International finance.
 
Financial institutions, International.
 
Economic history.

Summary
The book explains the basic concepts of finance - how money is created, and how decisions by banking and other financial service corporations are determining the fate of billions of people. It traces the origins of money, as a source of exchange and a store of value, and the many forms it now takes - visible and invisible. How banks, investment and retail, make money and profits and hold countries to ransom when they make losses. How companies finance their operations through stocks, shares and bonds and complex derivatives that are becoming increasingly remote from real-world activities. It also includes chapters on global currency exchange, alternative systems of banking, including microfinance, government regulation or lack of it, international institutions such as the World Bank and the IMF, and a final chapter on ways of bringing global finance under control.

ISBN
9781897071571

Publisher
Toronto : Between the Lines, c2009.


LibraryCall NumberTypeItem BarcodeStatus
Edmonton Christian High332.1 STABook30905000052583Non-Fiction