The next hundred years

Article Abstract:

The New York Stock Exchange is celebrating its bicentennial year in 1992, but the NYSE's loss of market share to both foreign and domestic competitors tempers the celebration. The exchange's prospects for future success are hindered by its failure to embrace new equity trading technologies.

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The perils of global capital: Asia's financial crash showed the fragilities of global capital markets. How can they be made safer?

Article Abstract:

The economic crisis in Asia has shaken confidence in the rapidly expanding global capital markets, and the issue is certain to be discussed at the April 1998 meeting of the International Monetary Fund. The need for banking reform and other issues are discussed.

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Capital goes global: schools brief

Article Abstract:

The threat that increased international capital flows will destabilize financial markets has been exaggerated. International integration of capital markets does not yet exist, and there is no indication of increased volatility of financial markets.

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