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3 of 5 people found the following review helpful:
5.0 out of 5 stars
great book to understand financial functions,
By tonjiro (Tokyo) - See all my reviews
This review is from: The Global Financial System (Hardcover)
I read the Japanese version of this book. This is one of the best finalce books I've ever read. This book helped me to understand much better the future of financial businesses. It is especially good in explaining: what is the rationale for financial intermediaries to exist, how capital markets evolved, why corporations hedge by themselves, and how asymmetric information affects financial instruments.
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The Global Financial System by Kenneth A. Froot (Hardcover - January 15, 1995)
Used & New from: $0.17
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