Ayse Evrensel - International Finance For Dummies

International Finance For Dummies

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Library of Congress Control Number: 2013933936

ISBN: 978-1-118-52389-6 (pbk); ISBN 978-1-118-59182-6 (ebk); ISBN 978-1-118-59189-5 (ebk); ISBN 978-1-118-59191-8 (ebk)

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About the Author

Ayse Y. Evrensel holds a PhD from the University of Zurich (Switzerland) in Economic and Social Geography (1984) and a PhD in Economics from Clemson University (1999). As a geographer, she worked at University of Zurich and Clemson University (SC). In geography, her areas of teaching and research focused on international migration, economic development, multilateral organizations, and the European Union.

As an economist, she worked at Ball State University, Portland State University, and University of California San Diego. In Economics, she has taught a wide range of courses such as Macroeconomics, Microeconomics, Econometrics, International Finance, International Trade, and Financial Markets. She has published on the effects of IMF programs, banking regulations, banking crises, preferential trade arrangements, corruption, and the relationship between institutional quality and culture.

Ayse is currently an associate professor of Economics at Southern Illinois University Edwardsville. She lives in Edwardsville, Illinois.

Dedication

I dedicate this book to Myles Wallace, my teacher and dear friend.

Authors Acknowledgments

I have been teaching International Finance for many years. Over the years, my students have become my teachers, especially when it comes to how to teach the subject. I am deeply grateful for their genuine involvement and contribution to the course.

I could not have had the courage to get involved in this project without David Lutton and Erin Calligan Mooney holding my hand and showing me the ropes at the very beginning of the writing process. I am very appreciative of their support, encouragement, and trust.

I wish I could give everything I write to Linda Brandon for editing because she is such an amazing editor. I hope to have learned one or two things from her about writing. I am grateful to Linda for her patience and professionalism. I also thank Krista Hansing for her involvement in the project.

I am very grateful to technical editors Jerry Dwyer and Allen Brunner for their valuable comments and suggestions.

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Introduction

I understand when people are perplexed about international finance. Been there, done that. But being perplexed about something can be good motivation to understand it. As a noneconomist (and a much younger person), I had the privilege of experiencing life in different countries such as Turkey, Brazil, and Switzerland, which greatly affected my career choice later.