00884nam a2200109Ia 4500080001800000100002900018245005400047260003000101300001100131520061300142583001900755  a01.02.01 P766  aDrabek, Zdenek...[et al]  aPolicy challenges of global financial integration  bFONDADaThe HagueNLc1998  a123 p.  aDeals with four different aspects of the process of economic globalisation.  Argues that even though globalisation seems to be developing in a postive and successful way from a macroeconomic point of view, it also raises 'some serious concerns'.  Analyzes the recent growth and volatility of portfolio flows to developing countries.  Suggests specific measures that regulators in both source and recipient countries could take to diminish the volatility of portfolio investments.  Deals with foreign direct investment.  Gives a detailed and lucid analysis of the future challenges of financial globalisation.  c3/7/00kM2LMGR