Economics of International Payments Unions and Clearing Houses

Discover the intricate world of international finance with Economics of International Payments Unions and Clearing Houses by Byron G. Auguste. Published by Palgrave Macmillan in 1997, this insightful book spans 306 pages and offers a comprehensive analysis of how 88 countries across Europe, Asia, Africa, Latin America, and the Caribbean have utilized payments unions and clearing houses to enhance regional trade and liberalize payment systems over the past five decades. Delve into the economic principles that underpin these vital financial institutions and understand their role in fostering international cooperation and economic growth. Ideal for students, researchers, and professionals in the field of economics and finance, this first edition is a must-have resource for anyone interested in the dynamics of global trade and payment systems.