NICHOLAS V. GIANARIS is Professor of Economics at Fordham University. He is the author of several books, including, most recently, The North American Free Trade Agreement and the European Union (Praeger, 1998) and Modern Capitalism: Privatization, Employee Ownership, and Industrial Democracy (Praeger, 1996), and Geopolitical and Economic Changes in the Balkan Countries (Praeger, 1996).

• Preface Introduction International Monetary System: Financial Institutions World Trade, Balance of Payments and Currency Adjustment Foreign Exchange and Security Markets Global Shareholding, Market Capitalization, and External Debt Emerging Markets Foreign Investment and Cross-Border Mergers and Acquisitions Economic and Financial Integration Effects of Macroeconomic Policy on International Finance Social and National Aspects of Globalization Selected Bibliography Index

NICHOLAS V. GIANARIS is Professor of Economics at Fordham University. He is the author of several books, including, most recently, The North American Free Trade Agreement and the European Union (Praeger, 1998) and Modern Capitalism: Privatization, Employee Ownership, and Industrial Democracy (Praeger, 1996), and Geopolitical and Economic Changes in the Balkan Countries (Praeger, 1996).

• Preface Introduction International Monetary System: Financial Institutions World Trade, Balance of Payments and Currency Adjustment Foreign Exchange and Security Markets Global Shareholding, Market Capitalization, and External Debt Emerging Markets Foreign Investment and Cross-Border Mergers and Acquisitions Economic and Financial Integration Effects of Macroeconomic Policy on International Finance Social and National Aspects of Globalization Selected Bibliography Index

NICHOLAS V. GIANARIS is Professor of Economics at Fordham University. He is the author of several books, including, most recently, The North American Free Trade Agreement and the European Union (Praeger, 1998) and Modern Capitalism: Privatization, Employee Ownership, and Industrial Democracy (Praeger, 1996), and Geopolitical and Economic Changes in the Balkan Countries (Praeger, 1996).

• Preface Introduction International Monetary System: Financial Institutions World Trade, Balance of Payments and Currency Adjustment Foreign Exchange and Security Markets Global Shareholding, Market Capitalization, and External Debt Emerging Markets Foreign Investment and Cross-Border Mergers and Acquisitions Economic and Financial Integration Effects of Macroeconomic Policy on International Finance Social and National Aspects of Globalization Selected Bibliography Index