This chapter assesses market-mediated financial integration in the new century. It first provides several definitions of financial integration from the perspective of capital markets, and then reviews the evidence regarding whether covered interest parity, uncovered interest parity and real...

"What's a good company? Environmental, Social and Governance (ESG) investing is transforming the world of business and finance. Investors are using data on issues like climate and diversity to enhance returns and make an impact. But with scepticism creeping in, how far can we trust the numbers?...