A survey of the role played by money and banking in the global economy. The book is an introduction for new bankers or students of banking, and a refresher for more experienced bankers preparing for coursework. Coverage ranges from interest rates to bank regulation, monetary policy and exchange markets. The text is supplemented with historical background, providing the necessary context to aid understanding and reinforce learning ÍNDICE: 1.Money and economic activity. 2.financial intermediaries. 3.Commercial banks and money creation. 4.The Federal Reserve.5.The tools of monetary and fiscal policy.6.Bank operations and the payments mechanism.7.The bank as a business firm. 8.Bank regulation. 9.Trends and issues in banking. 10.Commercial banks and monetary policy. 11.Monetary theory. 12.policy goals and the banking system.13.The balance of payments and foreign exchange. 14.The role of banks in international trade and investment.