Over the last decade, developing Asia's deeper global financial linkages have been accompanied by greater financial integration. As the region becomes more interconnected, a key priority is to ensure that the dynamic environment is supported by better coordinated and potentially consistent...

One of the most prominent phenomena in the development process of the South Korean economy has been the surge of its direct foreign investment (DFI). In the 14 years between 1980 and 1994, South Korea's annual outward DFI increased more than 109 times, in current U.S. dollar terms. The article...