Bruno Bonizzi is a Senior Lecturer in Finance at the University of Hertfordshire, Business School, UK.

Annina Kaltenbrunner is Associate Professor in the Economics of Globalisation and the International Economy at Leeds University Business School, UK.

Raquel A. Ramos is a Research Associate at the Centre d'Économie de l'Université Paris Nord, France.

Part I. Introduction and Background 1. Introduction 2. Two Post-Keynesian approaches to international finance: the compensation thesis and the cambist view 3. Trade versus capital flows: the key implicit and methodological differences between the neoclassical and the Post Keynesian approaches to exchange rate determination PART II. Minsky, balance sheets and cycles 4. A Minskyan framework for the analysis of financial flows to emerging economies 5. Post Keynesian and structuralist approaches to boom-bust cycles in emerging economies 6. Cost competitiveness and asset prices as determinants of the current account in emerging economies 7. Space in Post Keynesian monetary economics: an exploration of the literature PART III. Currency Hierarchy 8. Evolving international monetary and financial architecture and the development challenge: a liquidity preference theoretical perspective 9. International money, privileges and underdevelopment 10. The Post Keynesian View on Exchange Rates: towards the consolidation of the different contributions in the ABM and SFC frameworks 11. A Post Keynesian framework for real exchange rate determination: an overview Part IV. Current Account and Growth 12. The Kaleckian theory of exchange rates 13. Financial liberalisation, exchange rate dynamics and the financial Dutch disease in developing and emerging economies 14. Global financial flows in Kaleckian models of growth and distribution: a survey Part V. Policy Implications 15. Implications of Modern Money Theory on Development Finance 16. Monetary sovereignty in the Post Keynesian perspective: in the search of a concept 17. Dealing with global financial asymmetry: Contributions of Regional Monetary Cooperation Between Emerging Markets and Developing Countries 18. De-regulation of Finance in China and India: a Post Keynesian Analysis