A Beginner's Guide to the World Economy: Eighty-one Basic Economic Concepts That Will Change the Way You See the World

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Knopf Doubleday Publishing Group, Dec 18, 2007 - Business & Economics - 256 pages
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In a time of rapid change in the world economy, this fascinating, concise, and user-friendly primer is the most reliable tool for keeping track of what's happening. 

What is the new economy? What is globalization? Is the euro the final seal on European Union? How is e-commerce transforming our world beyond economics? What is virtual money, and does it have real value? How do social concerns and societal ills (drugs, poverty, AIDS, endangered natural resources) play a part in the rapidly changing world economy? What are multinationals, and do they signal the end of nationalism? These and many other pertinent issues are addressed in an enlightening and entertaining handbook for those who want to be economically literate (and who doesn't?).
 

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It is been very useful for knowing actual things happening in market and how arbitragers take the advantages..

Contents

I
25
What Is Inflation?
34
What Is the WTO?
48
Who Invests in the Global Marketplace?
50
What Is Equity?
52
Why Are Companies Referred to as Ltd Inc GmbH or S A ?
53
What Is a Balance Sheet?
56
What Is a Profit and Loss Statement?
57
What Are Eurocurrencies and Eurobonds?
87
How Are Ratings Used to Evaluate International Investments?
88
How Is Gold Part of the World Economy?
90
What Are Derivatives?
92
What Is an Option?
93
What Are Stock Options?
95
What Is 1 Currency Option?
97
What Is a Hedge Fund?
98

What Is Net Worth?
59
What Is Bankruptcy?
61
What Is Venture Capital?
62
What Is an IPOP
65
1 Leveraged Buyout?
68
1 Multinational?
70
What Are the Risks of International Investing?
72
How Are Illegal Goods Traded on the Vorlds Black
74
What Is a Stock Index?
75
How Do Investors Buy Foreign Shares?
79
What Is an Equity Fund?
81
What Is a Capital Market?
83
What Is 1 Bond?
84
What Is Hot Money? 5100
100
What Is the New Econoiny? 5102
102
by Capitalism?
115
What Are the Tiger Economies of Southeast Asia?
121
What Is Hyperinflation?
127
What Is the World Bank?
135
What Is Dollarization?
141
What Are Regional Development Banks?
147
How Does a Swiss Bank Account Work?
156
What Is Economic Espionage?
163
11
176
What Are Economic Sanctions?
178
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About the author (2007)

Randy Charles Epping, based in Zurich, Switzerland and São Paulo, Brazil, has worked in International Finance for over 25 years, holding management positions in European and American investment banks in London, Geneva, and Zurich. He has a master's degree in International Relations from Yale University, in addition to degrees from the University of Notre Dame and the University of Paris-La Sorbonne. He is currently the manager of IFS Project Management AG, a Switzerland-based international consulting company. He is also the president of the Central Europe Foundation, which provides assistance to students and economic organizations in Central and Eastern Europe. In addition to several other books on the world economy, he has written a novel, Trust, a financial thriller based in Zurich and Budapest. Mr. Epping holds dual U.S. and Swiss citizenship and is fluent in six languages: English, French, German, Italian, Portuguese, and Spanish.

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