This second edition of an already widely-used textbook presents an up-to-date analysis of the roles played by financial institutions and markets in the working of the UK economy. The book assumes only a basic grounding in economics and will be widely recommended to students of macroeconomics, monetary economics and finance.
An updated analysis of the roles played by financial institutions and markets in the working of the UK economy. It addresses the internationalization of capital markets and monetary policy and the increasing competition between banks in the light of technological advances.