Financial markets have been revolutionized by megaspeed transmission technology and the integration of regional economic blocs. The global village has become a reality as markets are connected across nations by the invisible hand of worldwide trade. This title explores these recent changes in financial markets. Areas discussed include Latin America, Europe, the US, Mexico and India. The book updates issues including: risk and its minimization; business enterprise on world markets; capital flows and capital flights; offshore markets; and central bank intervention.