SOURCE: Floyd Associates

July 10, 2007 08:01 ET

Mr. Nima Montazeri, Managing Director of Floyd Associates, Publishes Book on the Relation Between Economic Growth and International Openness

LOS ANGELES, CA--(Marketwire - July 10, 2007) - Floyd Associates (www.floyd-associates.com), a privately held consulting firm with expertise in corporate finance, business strategy, investment banking, and mergers & acquisitions, announced today that it has published a book titled "Openness and Growth." The author of the book is Floyd Associates' managing director, Mr. Nima Montazeri.

The book analyzes the relationship between openness and economic growth and consists of two major steps. First, an index for measuring openness is introduced followed by choosing a method for measuring economic growth. Once openness and growth indexes for all sample countries have been measured the book moves on to examining how much of the measured growth can be explained by relevant openness coefficients. The book is available on Amazon.com.

"'Openness and Growth' is the outcome of extensive research and statistical analysis of the possible correlation between international trade and economic growth," said Mr. Montazeri. "Globalization is one of today's major economic phenomena and understanding it requires elaborate research on international movements of factors of production and the consequences of such movements. 'Openness and Growth' produces an index for measuring international openness based on historical bilateral trade volumes between sample countries and studies how the measured openness is correlated with economic growth."

To view a summary of the book please click here or go to: http://www.floyd-associates.com/book.html.

About Floyd Associates

Floyd Associates is a privately held consulting firm with expertise in corporate finance, business strategy, and mergers and acquisitions. Our expert team advises companies of various sizes on capital raising instruments, optimal capital structures, and formation of strategic alliances. Capitalizing on years of experience, the Company offers complete solutions customized to meet the specific needs of each of its clients. The Company intends to form long lasting relationships with its clients and to maximize shareholder value through optimization of capital structure and business planning. Solutions include equity financing, business expansion plans, global corporate finance solutions, and international trade strategies.

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