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The financial crisis that stemmed from subprime mortgage lending in the US has ensnared markets around the world. How is it that lending practices in Florida or California can wreak havoc in Asia or Europe?

How the Global Financial Markets Really Work brings clarity and sense to an often complex international financial environment, showing how circumstances in one country can have a dramatic effect in many others. The book examines financial markets as they are today - global and, for better or worse, interlinked and inter-dependent. It covers the markets of the US and Europe,...

How the City Really Works explains the workings of "the City" -- i.e. the City of London, the Wall Street of the UK and the impact of this city on our jobs, our money, and our lives. Davidson explains exactly what is going on. The book presents a precise and candid picture of the City's mechanisms and institutions, and how they relate to those in other global financial centres.
This revised and updated third edition covers latest business practice, regulation, corporate governance, ethics and all other important issues. It includes exciting new chapters on the shipping industry,...