Financial Research Report

| March 22, 2014

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6) "AA-DD" model: a new look at policy effects in the short-run ("temporary") vs. long-run("permanent")context (ch 16, 17) . The IMF: nature, purpose and function; system collapse (ch 18). the european union and the euro: the history of fifty-heat movement toward close integration; problems and issues, introduction to international finance: derivatives: forward, option, swaps their roles in modern global economy (ch 20, 21). finally development issues: capital flows and debt crises of the last quarter-century; the changing tole if the IMF and the word bank; the role of MNE's; future prospects (ch 22)

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