International Financial Management came into being when the countries of the world started opening their doors for each other. This phenomenon is well known by the name of “liberalization”. Due to the open environment and freedom to conduct business in any corner of the world, entrepreneurs started looking for opportunities even outside their country boundaries. The spark of liberalization was further aired by swift progression in telecommunications and transportation technologies that too with increased accessibility and daily dropping prices. Apart from everything else, we cannot forget the contribution of financial innovations such as currency derivatives; cross-border stock listings, multi-currecy bonds.
The main motivation for writing this book is to incorporate the significant changes that have taken place in international financial architecture structure with reference to India. The subject is written in simple straight forward English with non-mathematical approach.