International Financial Management: An Analytical Framework

Foreword to First Edition

Since around 1970, the world is said to have left behind modernity and entered the postmodern phase, which is marked by the spread of globalization. In this postmodern era, finance was the fastest growing area until the end of the twentieth century, when it was over taken by the information technology (IT) and business process outsourcing (BPO) industries. The onward march of the savings-investment process has been affected lately by the economic recession, manifestations of which first appeared in mid-2007. The so-called global village is now going through a period of economic gloom, and normalcy does not seem foreseeable in the near future despite various bailout and stimulus measures. Writing on the subject of international ...