Part I: Introduction 1- Introduction - Khosrow Fatemi Part II: International competitiveness and public policy issues 2- The relative international competitiveness of the United States, Europe, Japan, and Asia - Dominick Salvatore 3- Environmental standards and multinational competitiveness: a public policy proposal - Sarianna M. Lundan 4- MNCs, environmental issues and globalization - R. Wayne Coleman 5- An analysis of the OECD Convention on Combating Bribery of Foreign Public Officials - Simon H. Langer and Joseph Pelzman 6- Corporate responsibility and child labor in global business - Foad Derakhshan and Kamal Fatehi Part III: Economic development and international trade 7- Borrowed Growth: current-account deficit-based development finance - Terutomo Ozawa 8- Trade liberalization and structural adjustment in transition economies: an empirical examination - Hubert Gabrisch and Maria-Luigia Segnana 9- A cyclical framework for forecasting trade flows - Lorene Hiris and Debashis Guha Part IV: Global and regional trading blocs 10- The effects of regional trading blocs on globalization - Sarah K. Bryant and Kate J. Massey 11- Some mesures of regionalism and globalization for Latin America - Raul Moncarz 12- MERCOSUL: South America's most powerful trading group - Cheryl Hein 13- The Seattle debacle: beyond The Seattle WTO Ministerial Meeting - Mordechai E. Kreinin Part V: Financial and investment issues in Europe 14- Capital movements between CEE countries and the European Union - Janina Witkowska 15- Financial markets integration: real interest rate, saving, and consumption paths in the EU - Ioannis N. Kallianiotis 16- European monetary system: implications for the British pound - Bimal Prodhan and Ranko Jelic Part VI: Financial crisis in Asia and its global implications 17- Restoring growth in Asia: a reexamination of trade and investment - M. Raquibuz Zaman 18- Asian miracle to Asian nightmare - Balasundram Maniam 19- The Asian financial crisis and performance of U.S.-based Asia mutual funds - John R. Norsworthy, Wolfgang Bessler, Irvin Morgan, Rifat Gorener and Ding Li Part VII - International monetary and investment issues 20- The inadequacy of the Current International Monetary System - Robert C. Shelburne 21- Euroland versus the U.S.: analysis and framework for monetary strategies - Andre Fourcans and Terry Warin 22- Global accouting harmonization: a comparison of U.S. and german views - Kurt Jesswein 23- Global equity market diversification for american investors: the case of emerging stock exchanges - Mo Vaziri and Parviz Asheghian 24- Endogenous corruption risk and FDI in the development coutries - Damien Besancenot and Radu Vranceanu