As money and Capital Markets enters its ninth edition, we have incorporated many changes in our telling of the story of the financial system. The book is somewhat shorter–24 chapters now instead of 26 in the previous edition. Still, this text continues to be one of the most comprehensive overviews of the global financial system to be found anywhere in the field. the ninth edition continues to offer its readers and those who teach in this field several alternative routes through the vast panorama represented by the money and capital markets and financial system. Every reader and every teacher can self-select the course of study they would like to pursue in order to learn about financial system and the markets that drive that system.
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