1001 Lecture Notes - Lecture 1: Asian Development Bank, Bretton Woods System, New Development Bank
20 Feb 2023
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Introduction: international finance is the study of monetary interactions that transpire between two or more countries. International finance focuses on areas such as foreign direct investment and currency exchange rates. Increased globalization has magnified the importance of international finance. An initiative known as the bretton woods system emerged from a 1944 conference attended by. 40 nations and aims to standardize international monetary exchanges and policies in a broader effort to nurture post world war ii economic stability. Meaning: international finance deals with the economic interactions between multiple countries, rather than narrowly focusing on individual markets. International finance research is conducted by large institutions such as the international finance corp. (ifc), and the national bureau of. Furthermore, the u. s. federal reserve has a division dedicated to analyzing policies germane to u. s. capital flow, external trade, and the development of global markets.
