Economic Disturbances and Equilibrium in an Integrated Global Economy: Investment Insights and Policy Analysis - Softcover

"Victor Canto's work sets a new standard for explaining the most complex economic and financial questions of our time. He has simplified the interactions between politics, trade, and decision risk during the turbulent period of 2008. The reader will see that this book challenges assumptions that politicians have made in setting policies for immigration, trade and finance. When Dr. Canto asks a question, he suggests novel answers and alternatives. This is a terrific read for Governors and federal statesmen alike." --Roy A. Herberger, Jr., President Emeritus, Thunderbird School of Global Management

"Like me, Victor is an advocate of low taxation, minimal regulation, and sound money policy. He knows that these macro forces highly favor increased individual freedom and greater prosperity for all. The data prove it time and again. It’s hard not to be an advocate for what you know works." --Larry Kudlow, CNBC Senior Contributor

"Dr.Canto’s book covers, in its seven building blocks, a large spectrum of macroeconomics, trade, and financial theoretical topics by using mathematical tools and always referring to real world economic and financial problems. Graduate students in economics and business schools, financial market analysts, and policy makers in macroeconomic and trade policies now have in hand a rigorous book enlightened with spring water economics." --Tulio H. F. Arvelo Durán, Federal University of Rio de Janeiro

"Economic theory tells us how people will behave in reaction to government policies. Dr. Canto’s book tells us how to invest to take advantage of that behavior." --Doo Jin Ryu, Sungkyunkwan University

"Financial markets are often driven by government fiscal, regulatory, and central bank monetary policy actions. Understanding the likely impact of these policies is vital for policymaking and investment success in today’s increasingly global markets. This excellent book explains in easy-to-understand language both how the economy works and the investment implications. Economic students and investors should read this insightful and informative book." --Robert I. Webb, University of Virginia

Economic Disturbances and Equilibrium in an Integrated Global Economy: Investment Insights and Policy Analysis helps readers develop a framework for analyzing economic events and make better, more consistent decisions. Victor Canto presents the theoretical building blocks that make up the overall framework, then expands the framework to tackle more complex problems, applying additional considerations to actual policy or investment issues. Drawing upon the most recent trends in monetary policy and international economics, the book offers sustained direct engagement with the main research question and makes innovative use of the simple concepts of supply and demand to illuminate modern finance literature.

The book succeeds by highlighting the often-forgotten interconnectedness of different economic processes. How do we respond to a change in policy or an economic shock? Are all the expected changes to the general equilibrium consistent with each other?

• Helps readers build an intellectual framework that enables them to interpret articles in the financial press and policy decisions in a logical and consistent manner
• Differs from other books by eschewing partial equilibria analyses and instead providing a general equilibrium perspective useful for investors and policy makers
• Provides supporting data on a freely-accessible website so readers can test and replicate results