International Finance

The landscape of international finance has drastically changed within the last decade. The institutions inherited from the Bretton-Woods conference-the IMF and the WBD- have become obsolete, in part, due to their lack of reforming. Meanwhile newly created institutions including The New Development Bank and the Asian Infrastructure Investment Bank are increasing their sphere of influence. Developing countries from Africa, Asia, and Latin America are more eager than ever to work with the NDB or the AIIB. Meanwhile, new players such as Sovereign Wealth Funds are reshaping financial markets, through their weights and influence in global markets. The book looks to enhance understanding of the real markets of international finance and proposes ways to bring the old and new players together in this sand-shifting world of international finance.¿

Felix I. Lessambo is Adjunct Associate Professor at Fordham University, USA, where he teaches Corporate Tax and Audit & AssuranceServices. He was an Associate Professor at Central Connecticut State University School of Business where he taught Financial Statements Analysis and Global Reporting. He has practiced international tax, transfer pricing, and in alternative investment management groups where he structured and advised on hedge funds and private equity cross-border transactions. He is the author of several books in finance including The International Banking System, The International Corporate Governance System, International Institutions and Their Challenges, International Aspects of US Taxation System, Audit-Assurance Services & Forensics, Financial Statements: Analysis & Reporting, the US Banking System, and Mergers in the Global Markets.