Product Description: In recent years, the term 'transparency' has emerged as one of the most popular and keenly-touted concepts around. In the economic-political debate, the principle of transparency is often advocated as a prerequisite for accountability, legitimacy, policy efficiency, and good governance, as well as a universal remedy against corruption, corporate and political scandals, financial crises, and a host of other problems...read more

Product Description: Foreign direct investment (FDI) has become the prime engine to foster growth and to facilitate the restructuring and internationalization of formerly sheltered areas during the 1980s. This book deals with future prospects for FDI and provides answers to some critical questions at the beginning of the 1990s: Will the unprecedented high rate of growth of FDI in the 1980s continue for the rest of the twentieth century and beyond? If so, which will be the major recipient countries, source countries and sectors involved in these transactions? The general approach of each chapter is to review the factors that prompted the expansion of FDI during the 1980s...read more

There is widespread agreement in the current social and economic debate that the integration of nations is growing worldwide. Many structural signs in society suggest the same. Integration has become a catch word in the preparations for the internal market of the EC, and a keynote in the debate on association of non-community European countries. Integration has also become a catch word in the process of transformation going on in Eastern Europe. But when we turn to the question of how this integration should be defined and measured, there is very little consensus. Instead, there are numerous problems, not only about how to measure integration but even about how to define it. International Financial Integration discusses the importance and the implications of this particular type of integration and then looks at the most important problems connected with measuring it. Different ways of measuring as well as the potential autonomy for national monetary policy are evaluated, and an alternative way of measurement is elaborated and advocated. All methods are discussed in detail and demonstrated in an extensive empirical analysis.

Product Description: What is transparency? What does it do? How much of it do we need, and for what purpose? This book includes chapters that address transparency in different markets and at different levels: from corporate financial disclosure to lobbying; from the risk incentives facing banks to competition and environmental policies...read more

Product Description: The increasing integration of global financial markets have led to a variety of approaches to monetary policy on the part of national governments. Focusing on 11 small, open European economies, Forssbck and Oxelheim (both of the Lund Institute of Economic Research, Lund U...read more

Product Description: The focus of this book is to illustrate successful strategies employed by Nordic firms to internationalize their cost of capital. Some of the case studies capture solutions for companies resident in highly regulated, segmented, and illiquid capital markets...read more

Product Description: "The Macroeconomic Uncertainty Strategy (MUST) analysis developed in this book and presented in an easily comprehensible way is mandatory reading for every corporate manager that takes responsibility for competitiveness regardless of level of decision-making" Professor Art Stonehill, Past President of the Academy of International Business and co-author of Multinational Business Finance - the global bestseller Managing in the Turbulent World Economy Corporate Performance and Risk Exposure Lars Oxelheim, Institute of Economic Research, Lund University and IUI, Stockholm Clas Wihlborg, Goteborg School of Economics and Commercial Law Within the last two decades firms and organizations, regardless of size, have been subject to changes in the conditions for doing business caused by uncertainty from shocks and disturbances in the world economy...read more

Product Description: Global financial markets are on the threshold of a new age. After two decades of dramatic transformation in the structure and functions of national financial markets and financial service industries, a more or less perfectly integrated and globalized system has emerged more efficient, while the financial service industry has been reduced to little more than an information industry...read more

Product Description: Macroeconomic Uncertainty International Risks and Opportunities for the Corporation L. Oxelheim, Scandinavian Institute for Foreign Exchange Research and C. Wihlborg, University of Southern California, Los Angeles All corporate bodies are exposed to economic risks over which they have little or no control...read more