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Capital flows from Asia into the US challenge many assumptions of international financial analysis. This book presents a novel geography of these flows, revealing their driving forces and assessing the market mechanisms necessary for a smooth global flow of funds. It is essential for all those interested in international finance.
BRENDAN BROWN is a practising international Economist in the City of London. He heads the economic research department at Mitsuibishi (UFJ) Securities International and as such advises investment clients in Japan and Europe. He is the author of many books on the subject of international finance, including theory, history and practice. He is a regular columnist in the Nikkei Kin-yu Shimbun and also contributes articles to several publications, including the Financial Times and the International Herald Tribune.