Balance of Payments

Discover the intricacies of international finance with Balance of Payments by Robert Stern, published by Taylor & Francis Ltd in 2017. This comprehensive hardback edition spans 454 pages, delving into the contemporary system of pegged-but-adjustable exchange rates. Stern expertly addresses the challenges that policymakers encounter in their quest for full employment, price stability, balance-of-payments equilibrium, and sustainable economic growth. This insightful work is essential for anyone looking to understand the complexities of foreign exchange and the balance of payments in today's global economy. Enhance your knowledge and navigate the world of international finance with this authoritative resource.