Sharma, B. R.

International banking trade and finance / Dr. B. R. Sharma. - New Delhi, India : Random Publications, 2018 - 302 pages : illustrations ; 24 cm

Includes bibliographical references and index.

Introduction -- International economic development -- Financial markets for bank -- International trade -- International trade and risk management -- International regulations of banks -- International evidence and implications for global investing -- Public finance --
Development of public expenditure.

"As international banking evolved over the years, the international dimension of financial stability
Increased in importance and economic agents gained access to a broader range of financial services. International trade is, in principle, not different from domestic trade as the motivation and the behaviour of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. The reason is that a border typically imposes additional costs such as tariffs, time costs due to border delays and costs associated with country differences such as tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system or culture. Another difference between domestic and international trade is that factors of production such as capital and labour are typically more mobile within a country than across countries. Thus international trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labour or other factors of production. Public Finance Management basically deals with all aspects of resource mobilization and expenditure management in government. Just as managing finances is a critical function of management in any organization, similarly public finance management is an essential part of the governance process. This book will be of interest to research, bankers and policy makers dealing with problem of banking sector in the country."--Back cover


9789386355997 (hardcover)


International finance
International trade
Banks and banking, International
Finance, Public

HG3881 / Sh2 2018